The Foundation administers several types of funds to fit your resources, interests, and giving philosophy. Some types of funds available at the Foundation include:

• Agency Funds: Endowed funds that use the total return to contribute an annual income stream back to non-profit organizations without the hassle of your setting up and managing a private endowment or foundation.
  
  
• Designated Funds: Require the Foundation to distribute income to a particular charity or for a particular field of interest. This type of fund typically underwrites a charitable venture or purpose.
  
  
• Donor Advised Funds: Allow donors, within certain limits, to influence use of the income and/or the principal of the fund. Most Donor Advised Funds are established as endowments in which a donor makes recommendations as to any distributions.
  
  
• Field of Interest and Unrestricted Funds: Usually established by individual donors and held in perpetuity. Donors authorize the Foundation Board of Directors to make those discretionary grants the Board deems appropriate, using income, and possibly principal, to make gifts.
  
  
• Scholarships Funds: Allow the Foundation to administer scholarship services in addition to managing the investment of the fund. The Foundation’s Scholarship Committee, created among supporters of the Scholarship Fund, reviews applications for appropriate awards. A donor may request the Foundation distribute awards via criteria defined by the donor.

The Foundation can provide:

• Assistance to your investment advisor or your bank in setting up a variety of trusts;
  
  
• Assistance in working with your estate attorney;
  
  
• Various annuity offerings.

For more information about any of these services, please call the Foundation office at (325) 947-7071.

The Foundation welcomes and encourages anyone who wishes to support any of the funds listed in this Annual Report to contact us at any time. Donations may be sent to:

The San Angelo Area Foundation
2201 Sherwood Way, Suite 205
San Angelo, TX 76901
Phone: (325) 947-7071
FAX: (325) 947-7322 www.saafound.org