DESIGNATED FUNDDesignated Fund Agreement • October 9th, 2012 • Montana
Contract Type FiledOctober 9th, 2012 JurisdictionDesignated Funds are funds whose beneficiary organization(s) are specified at the time of the gift. Income from the fund, and in some cases principal, is distributed in accordance with the instructions provided at the time of the gift. If a designated organization ceases to exist or the purposes for which a fund was created becomes obsolete, the Whitefish Community Foundation may redirect the fund to best achieve the original intent of the donor.