Five types of funds available to donors who want a charitable fund
to meet their charitable goals

  • Donor Advised Funds for Families and Corporations (grants recommended by donor to any 501c3 charitable organization based in the U.S.)
  • Designated Funds (grants to the 501c3 and purpose specifically designated by the donor; oversight provided by committee)
  • Field of Interest Funds (for community issues such as fine arts, historic preservation, education, etc.; grants approved by committee)
  • Scholarship Funds (recipients selected by community committee)
  • Agency Funds (endowment for local not-for-profits)

Features

  • Fund types have varying levels of donor involvement;
  • Most funds can be pass-through or endowed;
  • Donors can contribute to existing funds or create funds of their own design and distribution;
  • Contributions made now can be qualify for tax deductions immediately with distributions made a later date(s);
  • Contributions of cash, stock, real estate are the most popular, but other methods can be accepted upon review;
  • Donor/fund-designer selects one of the four asset classes for fund investment;
  • Contributions can be made during the donor’s lifetime or as a bequest/estate gift.