The Faye Walker Community Care Fund
Support for the 3 Agencies that Faye Walker was Passionate About
This Donor Advised Fund (DAF) was started in January of 2014 by Mrs. Faye Walker. The purpose of the fund is to provide annual funding to area 501(c) charities as recommended by Mrs. Walker.
Iris Faye Walker was a teacher and principal in the Morton school district. She was also an avid volunteer for various local organizations, including the Morton Community Foundation and We Care, Inc. During her lifetime, Mrs. Walker wanted to set up an endowment, so that she could see her grants put into use.
With a Donor Advised Fund, like this one established by Faye Walker, donors can have ongoing involvement in the use of their gift(s). In many cases, donors work with our staff, identifying ways to use dollars from the Donor Advised Fund they establish to address issues and needs they care about most. The donors' recommendations are anonymously submitted to our local board for approval; we then distribute grant dollars.
In her original fund agreement, Faye chose to set up 3 charities to each receive 1/3 of annual grants. Each of the 3 charities are organizations that she has been passionate about, and/or has served on their boards. The 3 charities are: The Morton Community Foundation, We Care, Inc., and the Center for Prevention of Abuse, Peoria. Because of the nature of a Donor Advised Fund, Faye reserved the right to change the recipient charities, and amounts at any time if she so chose during her lifetime.