• Endowment Information

Endowment Benefits

The Kenosha Community Foundation, founded in 1926, is a community foundation serving all of Kenosha County.  A tax-exempt public charity, the Foundation is a collection of endowed and donor-advised philanthropic funds established by individuals, families, organizations, and companies. 

We offer numerous charitable vehicles for donors with diverse philanthropic interests.  The Foundation is a convenient and flexible way to make charitable contributions, often guaranteeing a lasting impact.  We provide perpetual fund maintenance and oversight, ensuring that fund income will be managed and distributed in accordance with the intentions of the donors.

The Foundation pools assets in investment portfolios to maximize fund growth.  Local accountability is provided by volunteer community leaders who serve as the Board of Directors.  The Foundation also benefits from volunteer leadership throughout its structure of committees and subcommittees.

The Kenosha Community Foundation:

• Builds endowments that grow and benefit our community forever.
• Helps donors create individual and family legacies.
• Provides responsible stewardship of assets entrusted to its care.
• Accepts a wide variety of assets.
• Offers maximum tax advantages for donors.
• Offers great flexibility to meet donors’ interests and needs.
• Operates efficiently, with a reasonable and cost-effective fee structure.
• Allows donors to maintain direct involvement in charitable giving.
• Provides local knowledge of changing needs.
• Operates a thoughtful and responsive grant-making program:

- Annual grants to local nonprofits from unrestricted endowment funds.
- Annual grants from field of interest funds.
- Scholarships
- Grants from donor advised funds

Additional Benefits

Differences in Tax Treatment

How Can I Create an Endowment?

• Donor Advised Endowment Fund
• Donor Advised Endowment Fund
       (DESIGNATED)
• Named Endowment Fund
       (RESTRICTED)
• Named Endowment Fund
       (UNRESTRICTED)
• Organization Endowment Fund
• Scholarship Fund

Field of Interest
Endowment Funds

• Arts Fund
• Women's Fund
• Mahone Fund
• The LaFave Family Fund