A donor advised fund is a charitable giving tool that combines maximum tax benefits with the flexibility to support your favorite charitable organizations at any time. You make a tax-deductible contribution to start your fund, the contributions are invested for long-term growth, and you recommend grants to the causes you care about most. And, if you’d like, our experienced staff and deep community knowledge can help to connect you with philanthropic projects and causes that you may be interested in.
Donor Advised Funds
Maximum Tax Benefits. Maximum Flexibility.
What is a Donor Advised Fund?
- Personal: You choose what grants you would like to make from your fund, so your giving reflects the causes and organizations you care about most. If you want assistance, our expert staff is here to help you carry our your philanthropic goals and suggest ways to increase your impact.
- Flexible: After you establish your fund, you may add to it at any time, and you can utilize online access to monitor your fund and recommend grants 24 hours a day, 7 days a week!
- Efficient: The Community Foundation organizes and simplifies your giving, handling all administrative tasks and keeping track of your gifts and grants. We are a public charity offering maximum tax benefits and fewer administrative burdens than a private foundation.
- Legacy of Giving: Children and grandchildren can be named to your fund’s advisory committee. Years from now, when the advisory committee ends, you can set the fund up so that it continues to support the causes you care about forever.
CONSIDER CREATING A DONOR ADVISED FUND IF YOU:
Want maximum tax benefits for your gift.
Want the flexibility to make grants to the causes you care about most on your own timetable.
Desire to include your family in your philanthropic giving.
Want the option to make anonymous gifts.
Would like the benefits of giving from your own named fund without the administrative burdens of establishing your own private foundation.
Getting Started is Easy.
You can create a named donor advised fund for a minimum of $10,000 with gifts of cash, stock, or other assets. When you file your taxes, you only need one receipt from the Community Foundation rather than tracking numerous gift receipts. Our knowledgeable staff can help you set up your fund to ensure your philanthropic goals will be met.
It’s easy! Just call Alison Gerardot at 260-969-3313 (or send an email ) to get started creating a donor advised fund that carries our your unique charitable goals.