Giving through Sonora Area Foundation is always a completely personalized process. We will work with you to craft a giving strategy based on the organizations and issues you want to support, the assets you wish to contribute, and the type of fund that is best for you.
The Sonora Area Foundation offers several kinds of funds. You can
Donor-Advised Funds: These allow an individual, family, or business to contribute assets to a fund at any time and then recommend grants to support qualified nonprofit agencies, schools, or congregations at any time in the future. They are a flexible, personalized way to support organizations and their programs. Donor Advised Funds are the best alternative to the creation of an expensive, cumbersome, restrictive Private Foundation.
Field-of-Interest Funds: These provide support to organizations that work on a
Scholarship Funds: These funds may be established by an individual or a group. A scholarship committee makes recommendations, using a prescribed set of objective criteria to select individuals who receive scholarships from the fund. In those cases where members of the committee are also contributors to the fund, they cannot have a greater influence than other committee members in the selection of scholarship recipients.
Supporting Organizations: These are separate nonprofit corporations that operate under the Foundation’s charitable umbrella. Through its own board (on which the donor/s may choose to serve) a supporting organization determines its own investment strategy, which might include using Sonora Area Foundation's investment pools, and grant priorities. This is an excellent alternative to a private foundation, with only a fraction of the administrative responsibilities. Sonora Area Foundation takes care of the, start-up costs, and all administrative tasks associated with running the organization.
Please contact the Sonora Area Foundation at 209.533-2596 to arrange a meeting that we can help you through the process of starting your fund and achieving your charitable goals.