Van Wert County Foundation Fund Types
There are two types of funds held at The Van Wert County Foundation: Permanent Funds and Non-Permanent Funds.
Permanent Funds – The original gifted amount (principal) is permanently preserved. Only the income is spent.
Non-Permanent Funds – The original gifted amount and income can both be spent in entirety.
Within the confines of permanent and non-permanent funds, the following categories serve as a guide for how funds should be established and used: