Topical Terminology > Advised Fund
Advised Fund
For Advised Fund we have terms and definitions in 2 topics. The topics are Fundraising and Grantmaking.
Advised Fund (Fundraising) 
A fund held by a community foundation where the donor, or designees, may recommend eligible charitable recipients for grants from the fund. The community foundation's governing body must be free to accept or reject the recommendations. This is a flexible fund for donors wishing to remain involved in the grantmaking process. See also:Designated Fund
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Advised Fund (Grantmaking)
A fund held by a community foundation where the donor, or designees, may recommend eligible charitable recipients for grants from the fund. The community foundation's governing body must be free to accept or reject the recommendations. This is a flexible fund for donors wishing to remain involved in the grantmaking process. See also:Designated Fund
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