2. Restricted or Designated Funds in a Private Foundation

3. PRIMARY KEY: Restricted Fund consideration should be Mission-Driven

4. Mission Statement K21 Health Foundation exists for the benefit of Kosciusko County citizens to ensure health care services are provided, and to advance prevention and healthy living. This will be accomplished by identifying health needs in our community and maintaining an endowment so funding is available, through investments and grants, for those needs.

5. Why Consider a Restricted Fund? Advances the mission of the foundation. Impact beyond “just” a grantmaker Leverages existing administration and infrastructure at Foundation Provides low/no cost solution to community members committed to help a need Gives community the confidence of a “stable home”

6. Key Elements of Restricted Fund Legal Authority and Responsibility lies with the Foundation Separately Accounting Activity and Fund Reporting Requirements to Donors and Need to Involved Parties Determination of Distribution/Grant Decisions Prudent Decisions on Investment of Fund

7. An Example or Two: Cancer Care Fund of Kosciusko County Ride/Walk Initiative Committee