What kind of fund are you creating?

Choose the one that best fits. If you're not sure, pick the closest match and add a note in the purpose section. We'll confirm with you before the fund is approved.

AgencyEstablished by a 501(c)(3) organization with gift dollars it has already receipted to its donors. DesignatedReceives gifts for a specific charitable cause, and donors receive a tax deduction. Donor advisedLets the fund holder recommend grants to charitable causes at a later date. Field of interestLets several donors give together toward causes that share a common interest. ScholarshipProvides individuals with support for education and intellectual growth.

Choose a fund type.

Agency tax identification number (EIN) *

Enter the agency's EIN (nine digits).

2

Name and purpose

This is how the fund will appear in Foundation records and, unless you choose otherwise, in our publications.

Your fund will be known as

The ________ Fund

Anonymous: not listed in publications or publicity

Name of the fund *

Fund

Enter a name for the fund.

I would like this fund to be anonymous and not included in any publications or publicity.

Purpose of the fund *

The primary purpose of the fund shall be to provide support, consistent with the exempt purposes of the Foundation, to:

Describe the purpose of the fund.

3

Endowed or expendable?

This decides whether the original gift is preserved or can be spent.

Endowed fundThe principal is protected and is not available to spend. Distributions are made in perpetuity according to the fund's charitable purposes, as long as those purposes can be served, under the LCCF Spending Policy. Expendable fundBoth earnings and principal may be distributed to charitable causes. Once the original gift and its earnings are used up, the fund closes unless more gifts are made.

Choose endowed or expendable.

Endowed funds are subject to the LCCF Spending Policy, which may be amended at the sole discretion of the LCCF Board of Directors and in accordance with the Foundation's variance power described in the Terms section.

Your initials *

Initial your selection.

4

Contributions

Tell us how the fund will be started. What you enter here serves as Exhibit A to this agreement. Check everything that applies.

Check or cash Publicly traded securities Closely held stock, partnership or LLC interest Real estate Bequest or other deferred gift IRA, retirement plan or life insurance Other

Choose at least one type of contribution.

Check amount

Number of shares

Of (company / ticker)

Describe the interest

Property details

Describe the gift

Plan or policy details

Please send the Foundation a copy of your beneficiary designation form.

Describe the contribution

Total value of initial contribution (estimate is fine)

Contributing several securities or assets, or have documents to include? We'll follow up to collect them after you submit.

5

Terms of the agreement

Please read these terms. They explain how contributions and distributions are handled once the fund is established.

Contributions

Contributions from the Donor(s) shall be held, administered, and distributed per this Agreement. The Founding Contributor hereby irrevocably transfers to the Foundation the property described in the Contributions section of this Agreement (Exhibit A) to establish the Fund. Subject to the right of the Foundation to reject any gift, any person, whether an individual, corporation, trust, estate, or organization ("Donor"), may make additional gifts to the Foundation for purposes of the Fund by transferring to the Foundation property acceptable to it, in whole or in part, for the Fund. All gifts, bequests, and devises to this Fund shall be irrevocable once accepted by the Foundation.

Distributions

For endowed funds, the amount available is from the principal's earnings as determined by the LCCF Spending Policy.
For expendable funds, requests for distributions shall not exceed the fund balance and may be submitted throughout the year.
Requests may be made in person, by email, or by mail by completing a Distribution Recommendation Form.
Recommendations will be reviewed for charitable status and require final approval from the LCCF Board of Directors.
No distribution will be made if, in the judgment of the LCCF Board of Directors, it would endanger the Foundation's 501(c)(3) status.
The Board shall monitor all distributions to ensure they are used exclusively for charitable purposes under Internal Revenue Code Section 170(c)(1) or (2)(B), and shall have all powers of modification and removal specified in United States Treasury Regulations Section 1.170A-9(f)(11)(v)(B).

Policies and procedures

The undersigned understands that any contribution to the Foundation is an irrevocable gift, is not refundable, and is transferable only to another 501(c)(3) organization. The undersigned certifies that all information presented with this Agreement is accurate and will notify the Foundation of changes.

Fund administration and fees

The Foundation charges each Fund a fund management fee of 0.75% per quarter (3% per year). The fee is calculated at the end of each calendar quarter on the average of the Fund's invested balance at the beginning and end of that quarter, and is charged to the Fund. The undersigned agrees to this fee and to the terms and conditions of the LCCF Fund Administration Fee Schedule. The Fund shall be administered according to procedures established by the Foundation, which may be amended from time to time.

Investments

The undersigned acknowledges and agrees that IRS regulations allow authorized representatives to recommend investment preferences but require the Foundation to retain final discretion over those preferences. The undersigned understands that investments will be administered in accordance with the policies of the Foundation, that investments are subject to market and interest rate fluctuation risks, and that any gain or loss generated will be credited or charged to the Fund.

Indemnity

In consideration of the Foundation creating a fund at the request of the individual(s) or entity named, the undersigned agrees to indemnify and hold harmless the Foundation, its directors, officers, and other representatives against any liability, cost, or expense the Foundation may incur because it acts upon recommendations given to it by any of the authorized persons named.

Variance power

The Fund is a component part of the Foundation and shall be held as general assets of the Foundation, not as a separate trust fund. The Foundation will administer the Fund subject to the laws of the State of Kansas and the Lane County Community Foundation's Articles of Incorporation and Bylaws. The Foundation will monitor distributions from the Fund to ensure they are used exclusively for charitable or other exempt purposes within the meaning of Internal Revenue Code Section 170(c)(1) or (2)(B), and will make modifications if needed as specified in United States Treasury Regulations Section 1.170A-9(f)(11)(v)(B). If any condition or restriction on gifts from the Fund becomes unnecessary, incapable of fulfillment, or inconsistent with the charitable or exempt purposes of the Fund, the Foundation reserves the right to vary the terms to ensure the Fund's charitable intent is honored.

Counterparts and electronic signatures

This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one agreement. Electronic signatures shall have the same force and effect as original signatures.

I have read and agree to the terms of this Fund Agreement.

Please confirm you agree to the terms.

6

Authorized fund representatives

Fund representatives may recommend distributions, changes to the investment of assets, and continuity and distribution upon dissolution. One is required; you may name a second.

Representative 1

Full name *

Enter a name.

Business or organization (if applicable)

Mailing address *

Enter a mailing address.

City *

Enter a city.

State *

Enter a state.

ZIP *

Enter a ZIP code.

Phone *

Enter a phone number.

Email *

Enter a valid email address.

Business or organization EIN (if applicable)

Representative 2

Full name *

Enter a name, or remove the second representative.

Business or organization (if applicable)

Mailing address

City

State

ZIP

Phone

Email *

Enter Representative 2's email. We'll use it to send their signing link.

Representative 2 signs from their own device. After you submit, you'll get a link to send them.

Successor fund representatives (optional)

Successors have the same power and authority as the original representatives. If no successor is named, that authority passes to the Foundation.

Successor 1 full name

Relationship to you

Phone or email

Successor 2 full name

Relationship to you

Phone or email

7

Sign and submit

Type your full legal name to sign. Your typed name is your electronic signature on this agreement.

Representative 1 signature *

Type your full name to sign.

Date

Representative 2 will sign separately, from their own phone or computer. After you submit, you'll be able to email them a signing link.

I agree to sign this Fund Agreement electronically, and I understand my typed name has the same effect as a handwritten signature.

Please agree to sign electronically.

Completed by the Foundation. After review, the Lane County Community Foundation's Executive Director countersigns this agreement and records the date of the initial gift and the date of board approval. We'll send you a copy of the executed agreement.

Fund Agreement

What kind of fund are you creating?

Name and purpose

Endowed or expendable?

Contributions

Terms of the agreement

Contributions

Distributions

Policies and procedures

Fund administration and fees

Investments

Indemnity

Variance power

Counterparts and electronic signatures

Authorized fund representatives

Representative 1

Representative 2

Successor fund representatives (optional)

Sign and submit

Thank you. Your fund agreement is on its way.

One more step: needs to sign

Review the agreement

Terms of the agreement

Sign

Thank you. Your signature has been sent.