Giving in Benton County
The Benton County Foundation accepts and manages three types of funds:
All of these funds have one thing in common: the principal is never expended; only the income from the investments is disbursed. Therefore, all Foundation funds are perpetuity funds, because the intention is that their principal balance will continue to grow indefinitely.
Most earnings from the funds are disbursed each year to Benton County nonprofit programs and activities after grant requests are reviewed and approved by the Foundation’s board of directors. Under a formula used by the board of directors, some annual earnings usually go back into each fund every year to increase its principal balance.