Nonprofit Agency Funds

One of the most innovative and secure ways a nonprofit can support its work is to create an agency fund at the Community Foundation of Snohomish County. Nonprofit boards choose the focus when they begin a fund.  For example, we hold agency endowments that support operations, fund scholarships and purchase materials.

Here’s how it works.

The assets of your fund will be combined with the Foundation’s total assets to give nonprofits the benefits of a diverse investment pool and lower fees. Each year, the nonprofit receives a check from the earnings on the fund to use as the nonprofit sees fit. The money and earnings stay only in that fund and grow over time, providing a stable revenue stream.

Why the Community Foundation?