Rod and Holly Aldrich Donor Advised Fund
The Fund is endowed, meaning that the Founding Donor intends that it exist into perpetuity. The amount of the Fund that will be appropriated for expenditure or accumulated is subject to the Community Foundation's Spending Policy, which is subject to change by the Community Foundation from time to time, and to the Community Foundation's variance power.
Subject to the other terms and conditions of the Agreement and applicable law, distributions from the Fund may be made only for charitable purposes within Sections 170(c) of the Code, as determined in the sole discretion of the Community Foundation. Priority may be given to distributions for purposes of education, arts and culture, youth, community building, recovery and basic needs.