'Cedar Fund' belongs to the Direct Sponsorship Plan.

It is an endowment or a gift made to ‘LEAF’ and held in perpetuity. It is the lifeblood of the organization. While the gift is invested, only a portion of its average annual earnings is allocated in the ‘LEAF’ programs. The remaining dividend is credited to the fund’s principle to offset inflation.

- Types of Funds  
‘Cedar Fund’ is of two types:
1) Earmarked Fund: this is where the donor has a say in the fund. It is defined as one in which the donor, or a committee designated by the donor (not more than a three member committee), may recommend to ‘LEAF’ grants to eligible recipients (students or schools)
2) Non-Restricted Fund: this is allocated by the foundation itself

- Conditions to establish a ‘Cedar Fund’ 
a- A minimum contribution of $25,000 is required to establish a fund. Additional contributions of any size can be made at any time
b- All assets conveyed by the donor for the purpose of creating or adding to a fund are wholly owned by ‘LEAF’ and constitute an irrevocable gift
c- Distribution is normally made from income only, although donors may also recommend distributions from principle