Your Own Personal Charitable Fund

A donor advised fund is your own personal charitable fund that makes charitable distributions to non-profits of your choice. It is a great way to receive the maximum charitable tax benefits of giving while also managing your contributions and grants with ease and flexibility. When you contribute to your fund, you receive a tax benefit. And you can easily make grants from that fund to the causes you care about, at any time.

OPEN A FUNDDONOR-ADVISED FUND AGREEMENTOFFICIAL GUIDEBOOK

How it works:

  • Start with completing a donor-advised fund agreement and a contribution of $2,500 or more in cash or other assets.
  • Manage and see your fund’s value online, in real time.
  • When you wish to give to a cause, simply recommend grants of $100 or more.
  • You can contribute to your fund at any time.
  • All contributions to your fund are tax-deductible, and tax receipts are available immediately.

Reasons to Open A Donor Advised Fund:

  • Convenience
    • All of your giving, all in one place
  • Unlimited number of grants
    • For no additional charge, you can donate $100 or more to any charity
  • A great way to engage the whole family
    • Since there is no limit to giving, a donor-advised fund (DAF) is an easy way to involve the next generation in giving.
    • A DAF can also be the first step toward building your permanent legacy. 
  • Maximized tax benefits
    • Since you give when you want to give rather than when a charity asks, you can manage giving to receive an immediate fair-market-value tax deduction.
  • Excellent service
    • 24/7 online access, modest cost, and personalized service make a DAF a simple and fulfilling way to be philanthropic.