Who should create a Donor Advised Fund?
Donor Advised Funds work well for a donor who wants to support a few named charities at a substantial level or for the donor who wants to support many charities at lesser amounts. The donor who wishes to have the investment decisions and administration handled by someone else should consider establishing a Donor Advised Fund. In general, the donor must be willing to make his or her gift with cash, marketable securities – including stock or mutual funds, or shares in a closely-held corporation.
I want to leave a stewardship legacy for my family. Where do I start?
Often, donors will begin by opening a family donor advised fund, which can be used to teach family members the value and joy of giving. Families can make decisions together on the charities they want to support.
Some clients have opened individual donor advised funds for their children, encouraging them to make personalized stewardship decisions.
What is planned giving?
Planned giving is a method of supporting non-profits organizations that enables individuals or donors to make contributions above and beyond gifts from their income. Planned gifts can provide life-long income to the donor or can use estate and tax planning methods to provide for a favored charity and other heirs while minimizing its impact on the donor’s estate.
A planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning.
I want to give but my cash flow is low/fixed. What are my options?
Planned giving often utilizes other options besides cash, like stock interests, real estate or life insurance policies. Contact Rob Teague, Executive Director, for more details on these options and if they are the right fit for you.
I want to give but I don’t know to whom I should give. Can you give me any recommendations?
We can recommend other faith-based, 501(c)3 organizations that fall in line with your philanthropic intentions. Contact us to for more information.
Are you a 501(c)3 organization?
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