Donor Resources

Your Partner in Purposeful Giving

We’re here to make giving easier, more impactful, and deeply connected to the communities you care about. Whether you're just starting your philanthropic journey or have been with us for years, our Donor Toolkit below offers guidance, and practical resources to help you give with confidence and purpose.
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Hibbing senior center
Hibbing, MN

Donor Toolkit

Resources for Donors

Investment Strategy FAQ

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When it comes to managing the endowment, we are committed to making thoughtful and responsible investment decisions. To ensure sound stewardship, the Board adopted an Investment Policy Statement (IPS) that outlines objectives, guides investment decisions, and ensures accountability and long-term sustainability. We follow the guidelines of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) as set by Minnesota law. Every investment choice we make is always focused on what’s best for the Community Foundation and the long-term success of the endowment.

Boreal Waters partners with FEG Investment Advisors to provide investment counsel and services to the Investment Committee on aspects ranging from asset allocation, portfolio structure, and selecting investment managers to performance reporting, spending policy, and donor education.

We embrace impact investing as a way to do even more good for our region—starting with a strong focus on affordable housing. Our approach is all about being intentional, creating real, positive change in the community, and aiming to generate a strong financial return—so we can keep reinvesting in what matters most.

View Our Investment Strategy FAQs

How Endowments Work

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When you contribute to an endowed fund—whether by creating your own or adding to an existing one—you’re planting the seeds for lasting change.

All endowed funds are carefully pooled and invested together, maximizing growth and impact. After a minimum of one year, a portion of the earnings (not the original gift) flows back into the community as grants to local nonprofits and scholarships for students.

This steady stream of support continues year after year—creating a legacy of sustainability, opportunity, and thriving northern communities for generations to come.

How to Read Your Fund Statement

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Fund Administrative Annual Service Fees

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ACH/Wire Instructions

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Stock Transfer Instructions

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Fund Descriptions

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How Endowments Work at the Community Foundation

A donor or organization contributes funds to an existing endowed fund or creates their own endowed fund. All funds are pooled together and invested for maximum investment impact. After a minimum of one year, the earnings (not the original gift, or principal) are distributed as grants to nonprofits and scholarships to students. The result is long-term, sustainable community impact.

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