Types of Funds

The Jack Sweney Youth Tennis Program was established with the hope of encouraging at-risk youth in the Peoria community to learn and to play tennis. This Field of Interest Fund was created as a “living memorial” by Jack’s family and friends.

Unrestricted Funds

Unrestricted Funds remain in perpetuity to address needs within our community as they change over time. A community-based committee reviews and approves grants, then awards them in your fund's name. 

Field of Interest Funds

Field of Interest Funds can be donor-directed for a particular purpose, such as literacy or art education. We select the nonprofit organizations that best serve your charitable intent.

Designated Funds

Designated Funds allow you to specify the charitable organizations you want to receive a portion of the earnings from your fund. Most donors select the recipients of their present charitable giving.

Donor Advised Funds

Donor Advised Funds allow you to remain actively involved in your charitable giving. From time to time you or an advisor of your choice may suggest who is to benefit from your gift.

Scholarship Funds

Scholarship Funds let you help a group of students at a specific school or in a particular curriculum in furthering their education. You can be involved in part or all of the selection process.

Organizational Endowment Funds

Organizational Endowment Funds let nonprofit organizations create permanent endowment funds. We handle all administrative and investment responsibilities, freeing the organization to pursue its mission.

The Community Foundation of Central Illinois is confirmed in
compliance with National Standards for U.S. Community Foundations

Community Foundation National Standards

2018 Annual Meeting