What is a Named Fund?
Named Funds provide a simple alternative to establishing an independent Charitable Trust, allowing you to give back to your local community and make a genuine and positive impact now and into the future.
We manage a portfolio of Named Funds across Leeds and Bradford on behalf of individuals, families, business and statutory organisations, as well as national funders such as The Pears Foundation and The Henry Smith Charity.
Leeds Community Foundation handles the investment, correspondence, compliance and governance checks, helping to direct funding to charities and community projects that match fund holders’ values. Our aim is to help you to support high impact grassroots groups, making a real difference in our communities.
Types of Named Funds
Immediate Impact Fund
A simple way to direct your giving and start supporting community projects immediately.
A permanent charitable fund through which grants are made solely from the investment returns.
Why set up a Named Fund?
Named Funds enable you to consolidate all of your giving in one place, with many additional benefits:
Tax smart – immediate tax benefits for individuals and families
Return on investment – trusted financial and wealth advisors manage our endowed funds, enabling you to grow your charitable giving over time
Create a family legacy – you can pass your Named Fund onto your family, so future generations can build on your charitable legacy
Cost and time effective – you can consolidate all of your giving in one place, protecting you from a barrage of charity requests as we deal with the administrative hassle for a minimal management contribution
Increase your community knowledge – with over a decade of grant making experience, our professional team can introduce you to a range of grassroots projects you may not be aware of, but have the ability to make a positive impact on the lives of local people
Meet some of our Named Fund Holders
“With the day to day support of the Foundation’s team, we have been in safe hands – it has been an extremely straightforward and positive experience throughout and one that has felt like…read more
“We wanted to give something back to the city which had been good to us. We were looking for a way to help local community projects that were doing good work beyond the few charities…read more
“The work of foundations like Leeds Community Foundation are essential if we want to make a real difference in West Yorkshire…read more