Donor Advised Funds

This is the Foundation’s most flexible and popular fund allowing the donor to establish their own named grantmaking fund and make grant recommendations to a broad range of charities. With a minimum of a $10,000 to establish a Donor Advised Fund, or $50,000 to establish an endowed advised fund (permanent) - donors and their children, if desired, advise or recommend grants from their fund to create a lasting, impactful philanthropic legacy.

Benefits:

  • Immediate tax deduction at the time gift is made, while grants can be recommended over time and years;
  • Only one charitable gift receipt to track; no paperwork to track
  • Quarterly statements with detailed information; Gift can be made anonymously; Investment and growth of assets is possible for larger funds;
  • May include others, such as children as advisors to the fund; Ability to tap into the knowledge and expertise of the foundation staff on nonprofits and the challenges in the community;
  • Donors may recommend grant distributions at any time throughout the United States Donor Advised Funds link individuals, families and businesses to community needs, allow donors to recommend grants that support specific nonprofit organizations they wish to support and provide many benefits over a private foundation.

DONOR ADVISED HANDBOOK

DAF-FUND-AGREEMENT

SCHEDULE OF FUND FEES