BVCF
Funding Choices
 
 
 

 

BVCF
Funding Choices
BVCF

Unrestricted Fund

Allows the donor's charitable giving to have the greatest impact. The income of the fund is provided to not-for-profit organizations in fields of interest at the discretion of the directors. The major portion of our endowment is held in this fund.

Field of Interest/Named Fund

Seven main fields of interest are established : education, cultural, youth, community, social and family, and sports and recreation. In addition, special named funds have been established with the income being provided to organizations providing services in the following areas:

Celebrity Golf Funds - Special Needs

Morice Education Fund - Education (Houston)

Affordable Recreation

Sports and Recreation

Designated Fund

The income from these funds is directed to specific charitable organizations named when the fund is established. While they can be initiated by individuals, designated funds are often started by a designated agency to flow to the charity.

 

 

 
 
 

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BVCF
More Funding Choices
BVCF

Donor Advised Fund

These funds are established with purposes corresponding to the donor's broad charitable aims. The donor may provide recommendations to the Foundation as to which charitable organizations they wish to see benefit from their fund's income.

Memorial and Endowments

The Foundation may be named or selected as a charity of choice in memory of a family member or friend.

Scholarships and Bursary Funds

A scholarship or busary fund may be established with income directed to students attending educational institutions of a selected area of interest, if so desired by the donor.

 

 

 

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