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Establishing your own named charitable fund does not require great wealth and it isn't complicated. Plus,
- You can provide ongoing support to your favorite organizations.
- You can choose different nonprofit organizations each year during your lifetime.
- You can make your own choices, or take advantage of our staff's expertise to help you address the community's most pressing challenges.
- You have the opportunity to distribute gifts during your lifetime or to leave a lasting legacy - or both.
We are here to help with all aspects of your charitable giving. If you have any questions about becoming a donor that have not been answered in this section, please click here to Contact Us for more information. |
Unrestricted
Field of Interest
Designated
Donor Advised
"When several generations come together to talk about giving, the younger members of the family become part of a tradition that can affect their values for a lifetime," says Tom Bruce, MD. He and his wife Dolores established the Dolores F. and Thomas A. Bruce Endowment at ARCF and every year, the Bruces, their children, and their grandchildren meet with community foundation staff to recommend grants from the fund. Two years ago, they recommended grants to beneficiaries in Arkansas including Med Camps of Arkansas; P.A.R.K.; Centers for Youth and Families; Wildwood’s Young Artist Summer Camp; Watershed’s Child Development Center; and the Boys, Girls and Adults Center in Marvell. |
The Bruce Family
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Unrestricted Fund
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When Walter Camp passed away, his wife Alice, knew she wanted to create a lasting legacy in is memory. In meetings with her professional advisor, she learned how a gift through her estate plan would meet her objectives. “I wanted to give in a way that would honor my husband in perpetuity and that would do good things in this state,” says Alice. Mrs. Camp decided to establish an Unrestricted Fund with ARCF. The Walter and Alice Camp Memorial Endowment will take effect after she passes away, leaving a portion of their estate to charity. “By establishing an Unrestricted Fund, I was relieved of the burden of making the final decisions on worthy organizations and my gift would never become outdated,” says Alice. “Because it's endowed at the community foundation, our gift will make a difference forever. This is exactly the legacy I want to leave.” |
Field of Interest
When Martha Barber received a discouraging diagnosis from her doctor, she knew it was time to think about her legacy. Martha has traveled the world and done many things, but one of her true passions is animals. Martha spoke with ARCF and decided to establish the Martha Barber Animal Welfare Endowment, a field of interest fund that will support animal welfare organizations all over Arkansas. Not only will a portion of her estate go into the fund, but she has also made a current gift to the fund so that she can enjoy making grants and seeing the impact her gift will make. “I chose to begin this kind of fund because we so often forget our furry friends,” says Ms. Barber. This fund will support great causes in Martha Barber’s name and in this field forever. |
Martha Barber
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Robert Zunick
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Designated Fund
Robert Zunick, AG Edwards financial planner, was working with a client on his estate planning. The client was gifting a large part of his assets at death to several different charities and distant relatives. Robert suggested he might consider gifting some appreciated stock during his lifetime in order to receive a current income tax deduction and avoid capital gains tax. When the client learned how an endowment would create a permanent flow of funds to support his two favorite charities even after his death, he quickly created the designated endowment with ARCF. Through the Community Foundation’s relationship with American Funds, Robert maintains an interest in the invested assets of the endowment. | |
| After nineteen years of existence, IMPAC Learning Systems, Inc., a computers-in-schools program for Arkansas public schools, had implemented almost 1,000 programs impacting all school districts and thousands of teachers and students. Walter Smiley, a founding leader, stated that IMPAC was “about people in leadership positions working together to create a vision about the future of technology in schools.”
That vision will never fade. In 2002, having changed Arkansas schools forever, IMPAC Learning Systems dissolved. Based on recommendations of IMPAC’s lawyer Joe Polk and CPA Gary Beckwith, as its final act, the board established a $1.5 million endowment at ARCF that would carry the vision and legacy of IMPAC into perpetuity.
The IMPAC Learning Systems Endowment will provide grants forever for development and implementation of computer technologies necessary to maximize the use of computers and computers in Arkansas public schools. From a vision to a legacy, IMPAC Learning Systems lives on. |
Dr. Cecil McDermott
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