Other Giving Funds
Field of Interest Fund
Field of Interest Funds are for those with an interest in supporting a particular area for field of ministry or charity beyond the scope of a Donor Advised Fund. While the donor names the specific Field of Interest, the Capstone Board of Directors, as a 501(c)(3), establishes a fund most closely associated with the donor's intent.
A donor may name one or more specific organization to share the income from their fund and receive annual distributions. This designated fund can come from any available assets.
Remembering a loved one can turn into a legacy with this fund. This can be used to support non-profits, ministries, issues and scholarships.
Donors may endow scholarship funds that make awards to benefit a certain category of student, a specific institution, or to encourage study of a particular subject.
The general purpose funds are used to meet out region's changing and emerging ministry needs. Under the supervision of Capstone Foundation, the undesignated funds are used to support the work in local communities. Like Field of Interest Funds, grants from Unrestricted Funds are generally limited to the local community.
The Legacy Fund is an enhanced type of Donor-advised Fund in which Capstone takes additional responsibility to ensure that the intent of your fund is carried out faithfully, either during your lifetime or beyond.