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Affiliate Funds
Also known as a
geographic component fund, an affiliate fund is a smart way
for a community to support local charities without taking on
the cost and administrative burden of managing an endowment.
While retaining its own local
identity, affiliate funds benefit from the reduced
administrative expenses while having access to the
professional staff, fund management, and investment
expertise of the Ann Arbor Area Community Foundation.
Each affiliate fund has its own Advisory Committee with
members that are all residents of (or employees in) its
area. All fundraising is conducted locally and all grants
benefit the local community.
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