When you establish a fund with HCF, you can designate community nonprofits you want to support, or you can identify general areas of interest, e.g., arts and culture, and work with HCF to advise on what organizations or programs you want to support. Alternatively, you can entrust HCF to identify the organizations and programs to help with your specific area(s) of interest.
Through a partnership with the Oregon Community Foundation, HCF invests your funds, and each year, a substantial part of the returns are available for grants to your favorite charitable organizations. The balance of the returns is reinvested so that the fund principal not only remains intact, but also grows. This enables you, through HCF, to make larger grants over time and in perpetuity.
HCF encourages named endowment funds, whereby you and your family can attach your name, ensuring a lasting legacy of giving within the community.
How to start an HCF Fund
You can establish a charitable fund with a contribution of $25,000, or you can start with a $2,500 contribution and build it over a couple of years.