Fund Advisors (formerly Fund Representatives) Defined: Fund Advisors are provided access to specific charitable funds based on either being the original donor, successor donor, an advisor or CKCF staff or board volunteer, including affiliate foundations.
Donors and Advisors on many of our funds are able to provide recommendations regarding the charitable funds of which they have recommendation authority. Due to this most Fund Advisors are afforded the opportunity to provide recommendations on the management of the charitable fund. Fund Advisors assist the CKCF office with providing Fund Distribution Recommendations annually. For Endowed Charitable Funds this includes making recommendations regarding the amount of the charitable distribution. Charitable distributions are the grants made to charitable entities based on the purpose and intent of the Funds Memorandum of Understanding (MOU). Many funds such as Donor Advised Funds (DAF) provide donors the ability to choose any qualified charitable entities for granting distribution and it is not always the same, year after year.
Most Endowment Fund Advisors in the first quarter of the year received an electronic notification of the Available to Spend/Distribute balances for 2021. That correspondence indicated the need for a Fund Advisor to complete the 2021 Distribution Recommendation Form (fillable). Below is a word version of the form that you can review before going to the link to complete the Form. Our system does not allow you to save part way through so be prepared to complete the form before you go to the link. Also if more than one Fund Rep, please coordinate your requests to ensure agreement as we will process first received request received from a qualified Fund Rep.
REMINDER – If an endowed fund’s base balance is less than $10,000 it is ineligible for distribution at an level.
Thank you for making a difference. Annually more than $1M in charitable grants are distributed in the Central Kansas Region from funds under management at CKCF. We appreciate your trust in us, as we together are making a positive difference.