In addition to serving as a catalyst to fund and generate community-building activities, LACF serves as a fund manager for any group or family wishing to create temporary or permanent funds for general support of charitable activities and organizations or for specific causes.
LACF manages two types of funds:
Donor Advised Funds
Allow any family to endow a program of giving and to advise the Foundation on donations to be made from the fund.
Are similar to the donor advised funds except the purpose of the fund is specified at its creation.