Designated Funds

A designated fund is a permanent fund established by a donor for the benefit of a designated organization. Beneficiary organizations receive a full range of services including investment management, income distribution, and fundraising assistance. They are able to use the fund management facilities already established by ECCF and have their fund aggregated and invested with ECCF's substantial endowment. 

If you are a nonprofit organization and want to keep your resources focused on your mission and annual fundraising, but need a place to hold and invest your endowment fund, a designated fund is a perfect option for you.

We offer this service to allow nonprofit organizations or donors to establish endowments without all the hassle of having to worry about convening an investment committee or managing the assets directly.  Just set up the fund with as little as $10,000 and start collecting the checks for the income – we will handle the rest.

Minimum Balance and Fees

Designated funds may be opened for as little as $10,000, and they are charged an annual administration fee of .75%.  There is also an investment fee. Contact staff to request a sample fund agreement. Click here for management fee information.