> For the complete documentation index, see [llms.txt](https://guide.charityvest.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.charityvest.org/community-funds/community-fund-setup/community-fund-policies.md).

# Community Fund Policies

Charityvest, Inc. for legal purposes, is considered a[ 501(c)3 and donor-advised fund sponsoring organization](/governance-and-legal/overview.md). We must comply with IRS regulations, which may limit some types of giving.

When setting up your Community Fund, you will need to agree to the following terms:

<div align="left" data-full-width="false"><figure><img src="/files/rnRt9CsEC3nsXQf0YPuY" alt=""><figcaption></figcaption></figure></div>

## Limitations

Though Community Funds are inherently flexible, here are some cases where a fund is *not* the best fit:

* **Grantmaking to individuals:** Charityvest can support grantmaking to the 1.4 million+ eligible 501(c)3, U.S. based [public charities](https://www.charityvest.org/grantmaking). We are not able to facilitate grantmaking to individuals or non-registered organizations.&#x20;
* **Single-charity fundraisers:** Community Funds were built on the basis of giving to multiple organizations, and our infrastructure is designed to support this. We hope to offer more solutions in the future, but we currently do not recommend Community Funds for this purpose.&#x20;
* **Potential for private benefits:** Community Funds are subject to our [Disallowed Grants](/for-donors/getting-started/grants-to-charity.md#disallowed-grants) policy, in alignment with IRS restrictions. Supporters and fund managers cannot receive any private benefit as a result of grants made through their Community Fund.

For more information, please read Charityvest, Inc. Community Fund Policies & Guidelines.


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