The Kodiak Community Foundation officially became an Affiliate of The Alaska Community Foundation in January 2013. We focus on growing the Kodiak Community Foundation Fund – an unrestricted, permanently endowed fund, that allows the most flexibility to determine how best to meet current and future community needs. The fund listed below is advised upon by the Kodiak Community Foundation.
- Kodiak Community Foundation Fund – This is our flagship granting endowment fund. The earnings from this endowment are used to award grants through a competitive grant cycle to local qualifying 501(c)(3) nonprofits. This flexible endowment meets the current needs of our community as they arise. These needs may address any number of issues, such as: social services, hunger, education, arts, and humanities, environmental, and youth services. As this endowment grows, so does our ability to support causes that Alaskans care about.
- Kodiak Community Foundation Operating Endowment Fund – This is the vehicle for the KCF to become self-sustaining by growing a fund that is specifically designed to support our operations. The interest earned from this fund goes to support operating costs, such as: grant programs, newsletters, community events, office operations, marketing, and outreach. This fund is also used to sponsor training events for KCF and local nonprofit leaders. The Operating Endowment Fund is essential to achieving our mission and supporting our community.
- Kodiak Community Foundation Non-Endowed Operating Fund – This is a non-endowed fund that we use for our short-term, operational needs.
- Brian R. Young Sports Travel Fund – This fund is dedicated to supporting young Kodiak athletes with expenses related to travel off-island for athletic competitions.