WHAT IS A FUND AGREEMENT?

Regardless of what type of Fund you open at the Solano Community Foundation, you will sign a Fund Agreement describing the conditions and requirements of both you (as the donor) and the Foundation. At the time you open a Fund, you will provide the Foundation with:

• information on the type of Fund you wish to establish,
• contact information for the signatory(ies) of the Fund,
• the name of the Fund,
• the purpose of the Fund, and
• the nature and amount of the contribution that opens the Fund.

The name of the Fund and the signatories may change over time, as can the purpose. These changes must be approved by the Foundation.

Remember, the more specific you are in providing details of how you want your Fund to be administered (such as specific organizations you want to receive grants over the years), the better the Foundation can carry out your wishes.

Since it is always desirable to have a face-to-face opportunity to discuss your philanthropic objectives, please contact Stephanie Wolf at 707-399-3948 for an appointment. At that time, you can review sample Fund Agreements that suit the type of Fund you wish to establish at the Foundation.