Charitable Funds
Charitable funds are financial resources set aside to support various charitable activities and organizations. These funds can be established by individuals, families, or corporations and are often managed by foundations or nonprofit organizations. The money in these funds is typically used to provide grants, scholarships, or direct support to causes such as education, health, and community development.
Donors can contribute to charitable funds to help address specific needs or support particular initiatives. Many charitable funds are tax-deductible, encouraging more people to give. Examples of charitable funds include donor-advised funds, endowments, and scholarship funds.