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A donor advised fund is like a charitable investment account that lets you care for the community while enjoying other personal and financial benefits.
You can establish a fund with a gift of cash or securities of $5000 or more, and take a tax deduction in the current year.
Your fund is invested in a balanced portfolio and managed by experienced investment professionals. Funds grow tax-free.
You may recommend grants from your fund to qualified charities at any time.
Contributions of appreciated stock are especially beneficial. Securities held for at least one year do not incur capital gains tax when donated to your fund. The proceeds can be distributed to several charities in even dollar amounts.
You may designate your children as "successor advisors" to the fund, enabling them to succeed you in recommending grants from the fund in the future.
A donor advised fund is a great family “vehicle” for exploring tzedakah and making charitable decisions together--at the holidays or any other time of year.
As an alternative to private foundations, donor advised funds are perfect for those who wish to avoid the burdens of operating a private foundation, including legal costs, accounting, filing, excise taxes on investment income, and board meetings. In addition, the allowable tax deductions on contributions to a donor advised fund are greater than those to a private foundation.
For more information on starting a donor advised fund contact Lisa Tabak at 510.318.2420 or lisa jfed org.
More:
>> Comparisons with private foundations
>> Our Investments
>> Stock gifts
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