Black & Decker Fund
We are aware that the environment where our employees live and work significantly influences the success of Black & Decker. Therefore, our company decided to establish a donor-advised fund to support publicly beneficial activities carried out in the territory of the District of Ústí nad Labem.
We help to change the places
where we live and work.
What are the Funds of the Ústí Community Foundation?
From the point of view of financial flows from the donor to the end user, it is possible to imagine the Community Foundation as a system of funds. Every donation given to the Community Foundation is put into one of its funds. Every grant given by the Community Foundation is made from one of its funds.
The fund is an internal tool of the Foundation for obtaining, capitalizing, and subsequently using and distributing financial means that have been put into the fund and generated through capitalization. Disposing of the financial means from the fund is governed by a set of specific terms and rules that externally draw a clear and distinguishing line between the financial means from the fund and other resources of a foundation.
The basic fund of the Community Foundation is the Open Grant-making Fund.
Detailed information about the diferent types of funds here.