Agency Funds

When a local nonprofit has investible assets, it can partner with the Mankato Area Foundation (MAF) by creating an agency fund. MAF pools and invests these assets alongside our own, providing professional financial management. Nonprofits may request distributions at any time to support the needs and decisions of their governing board.

Why Partner with MAF?

As a community foundation, we offer more than investment services—we help strengthen nonprofits. Partnering with MAF gives organizations access to responsible stewardship, expert investment oversight, and easy‑to‑use fund information.
Benefits of an Agency Fund

• Allows your staff and board to stay focused on mission while MAF manages investments.
• Eliminates the need for your own investment committee.
• Builds donor confidence through professional oversight and transparent reporting.
• Helps grow long‑term assets through diversified, pooled investments.
• Expands visibility by being part of MAF’s network of charitable funds.

Fund Management Options

Agency funds are invested in MAF’s portfolios under the guidance of our Investment Committee and Board of Directors. Organizations may also choose to work with a local advisor through our Investment Partners Program.

Who Can Contribute?

Both the nonprofit and individual donors can make contributions to an agency fund at any time.