You'll notice some of the established funds located at the Thomas County Community Foundation are called an "Acorn Fund." The term "Acorn Fund" simply indicates that this fund is still growing and is not yet able to distribute grants. Currently at the TCCF, endowment funds are considered "fully funded" once they reach a minimum of $2,500. Once the established fund receives enough contributions (either from the established fund donor or other others) to reach $2,500, it will then start to receive earnings allocated to them and therefore the grants can be made.
Donors with a mission have the option of establishing an acorn fund immediately and may take advantage of tax deduction benefits, and are given three years to reach a "fully funded" status. This acorn fund option provides flexibility and budget options for donors. Once established at TCCF, the fund is promoted and oftentimes reaches the $2,500 minimum more quickly than anticipated as other interested donors contribute to the fund.