Setting Up a Fund
LACF creates a culture of giving back to this community and helps donors attain their philanthropic goals. Opening a fund with the Laredo Area Community Foundation is simple and flexible with a variety of fund options from which donors can choose. LACF establishes endowments which provides dependable, perpetual income to donors chosen cause.
You can place cash or property in a trust that pays annual income to you ( or another beneficiary) for life. After your death, the remainder fo the trust transfers to your community foundation, and is placed in a charitable fund you’ve selected. You receive income tax benefits the year you establish your trust.
Acorn Funds
Provides an ideal stepping stone to philanthropy for those who wish to start a fund with less than $10,000.
- Initial Gift: Minimum $2,500 and thereafter in a period of 5 years
- Disbursement: 4% annually after 3rd year of growth
- Administrative Fees: No fees until minimum $10,000 is achieved
Donor Advised Funds
Donor recommends their gift be directed to any qualifying non-profit organization.
- Initial Gift: Minimum $10,000
- Disbursement: 4% of annual income after 3rd year of growth
- Administrative Fees: 1.25% annually
Designated Endowments
Donor identifies in advance the non-profit organization that will be the direct beneficiary.
- Initial Gift: Minimum $10,000
- Disbursement: The principal is permanently invested with a disbursement of 4% of annual income after 3rd year of growth.
- Administrative Fees: 1% annually
Field of Interest Endowments
Donor indicates a certain area of interest but allows the LACF Board of Directors to seek recipients whose mission is closely aligned to donor’s guidelines.
- Initial Gift: Minimum $10,000
- Disbursement: 4% of annual income after 3rd year of growth
- Administrative Fees: 1% annually
Scholarship Endowment
Donor allows the LACF to use it’s own discretion to address the changing needs of the community.
- Initial Gift: Minimum $10,000
- Disbursement: 4% of annual income after 3rd year of growth
- Administrative Fees: 1.75% Annually
Family of Funds
Donor Advised
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Monte D. Allen Fund
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Arguindegui Oil Companies
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Boys and Girls Clubs of Laredo I
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Boys and Girls Clubs of Laredo II
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Tina and Russell Cerda Donor Advised Fund
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E.H. Corrigan Foundation Donor Advised Fund
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Cotulla Legacy
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Gateway Community Health
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Glassford Family Donor Advised Fund
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Willam B. Green Donor Advised Fund
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Irving and Shirley Greenblum Donor Advised Fund
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Brad and Jennifer Greenblum Donor Advised Fund
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San Juanita and George Hachar
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Imaginarium of South Texas
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International Good Neighbor Council of Laredo
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Kidney Foundation of Laredo
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Laredo Birding Festival
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Angel R. and Lidia S. Laurel
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Literacy Volunteers of Laredo
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Adriana and Oscar Lopez Donor Advised Fund
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Jill Martin Donor Advised Fund
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Ministry Support
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Narvaez Worship Fund
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B.P. and Peggy Newman
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Ignacio and Estela Perez
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Melissa and Jeremy Peters
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Riog Grande International Study Center
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Fernando A. Salinas Donor Advised Fund
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John R. Solis Scholarship
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Elsa and Ruben Soto, Sr. Memorial Scholarship Donor Advised Fund
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Hank and Elizabeth Sames Donor Advised Fund
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Richard and Triana Sames Donor Advised Fund
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Carroll and Evelyn Summers Donor Advised Fund
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Robert and Tami Summers Donor Advised Fund
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Webb Consolidated ISD Higher Education
Designated Endowment
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Alexander Memorial Library
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Odie Arambula Memorial Scholarship Endowment
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Arguindegui Oil Companies 75th Anniversary
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Alzheimer's Support Group
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Franklin-Avigael Scholarship Endowment
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Baylor Family Endowment Fund
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Bethany House Fund
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Book Babes Endowment Fund
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Elizabeth and Olivia Brown Fund
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Ralph and Bertha Carpinteyro Memorial Endowment Fund
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Ricky and Soraida Carpinteyro Family Endowmnet Fund
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Casa Esperanza Fund
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Mike Castillo Scholarship
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Children's Advocacy Center
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Communities in Schools
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Cotulla Legacy Endowment Fund
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William L. Cotulla Endowment
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Ruthe B. Cowl
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Juvencio de Anda Fund
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Doris Epstein Memorial Fund
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Falcon Bank Fund
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Help Educate Laredo Children Endowment
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Homero and Delia Flores Endowment Fund
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Homero Flores, III Endowment Fund
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Founding Board Endowment
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Sergio M. Garcia Memorial
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Irving and Shirley Greenblum Endowment
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William N. (Billy) Hall, Jr.
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Helen's Legacy
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Imaginarium of South Texas
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Marissa A. Keene Memorial Endowment
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Junior Achievement of Laredo
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Junior Achievement Scholars
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Keep Laredo Beautiful Fund
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Stanley A. Keilson Memorial Scholarship Fund
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Kidney Foundation of Laredo
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Laredo Cancer Society
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Laredo Center for the Arts
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Laredo HIV/AIDS Services Consortia
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Laredo Stroke Support Group Fund
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Laredo Theater Guild International Fund
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The Law Office of John R. Solis Endowment Fund
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Randall Leyendecker Memorial
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Luis and Jenny Lidsky and Daughters Endowment
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Make-A-Wish of Central and South Texas
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Mary Roese Martin Scholarship Endowment Fund
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Roy G. Martin Memorial Endowment
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Stewart K. Martin Memorial Endowment
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Donald Maxstadt Endowment
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Hannah Mendelsohn Memorial Scholarship Endowment
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Hector J. Noyola Endowment
- p>Igancio and Estela G. Perez Fund
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Maria Eugenia Calderson-Porter and Robert A. Porter
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Jose and Diamantina Ramos Endowment Fund
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Rio Grande International Study Center
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Fernando A. Salinas Endowment
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Elizabeth Romano Sames Endowment Fund
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Hank and Elizabeth Sames Endowment
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Sepulveda Family Fund
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Gregory Shoemake Endowment
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Solis-Cabeza Endowment Fund
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South Texas Auto Rebuilders, Inc.
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STEAM Scholars
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Carroll E. Summers, III Endowment
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Evelyn B. and Carroll E. Summers, Jr. Community Outreach Endowment
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Matthew Bruni Sames Christ Church Memorial Endowment
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Sultanas of the Zahara Caravan #64
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Trevino Family Fund Endowment
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United Way of Laredo
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University Library Memorial
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Susan Scoville Walker Endowment
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Woman's Club of Cotulla Endowment
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Women's City Club Educational Fund
Non-Profit Funds
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Bethany House Endowment
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Boys and Girls Clubs of Laredo I DAF
- Boys and Girls Clubs of Laredo II DAF
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Boys and Girls Clubs of Laredo III DAF
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Boys and Girls Clubs of Laredo Foundation Endowment Fund
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Chito Salinas Endowment Fund for Boys/Girls Clubs of Laredo
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Children's Advocacy Center Endowment Fund
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Communities in Schools Endowment Fund
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Ministry Support Donor Advised Fund-Christ Church Episcopal
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Narvaez Worship Fund - Christ Church
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Ruthe B. Cowl Acorn Endowment Fund
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Imaginarium of South Texas Endowment
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Junior Achievement of Laredo Endowment
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The Kidney Foundation of Laredo Endowment
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The Kidney Foundation of Laredo Donor Advised Fund
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Laredo Center for the Arts Endowment
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Laredo Theatre Guild International Endowment
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The Laredo Rotary Club Endowment for Boy Scouts Aztec District
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Hecor J. Noyola Endowment Fund-Boys and Girls Clubs of Laredo
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Rio Grande International Study Center Acorn Endowment Fund
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TAMIU/TAMU Engineering Endowment Fund
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University Library Endowment
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United Way of Laredo Endowment
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Women's City Club Educational Endowment
Community Outreach
- Education
- Arts & Culture
- Health
- Environment
- Social Services