"Wealth is not to feed our egos, but to feed the hungry and to help people help themselves." - Andrew Carnegie

Funding a Donor Advised Fund

Many Donor Advised Funds require as little as $10,000 to establish. Multiple assets and securities can be contributed to establish your account. You simply complete the donor information paperwork, and fund the account or name the fund as the beneficiary of your assets to be funded at a later date.

You may use any of the following to fund your account:

Cash

Cash can be wired, transferred from an existing account or mailed in with your donor information paperwork.

Publicly traded stocks, bonds and mutual funds

Publicly traded stocks, bond and mutual funds can be transferred from their existing account at another financial institution or fund family.

Private foundations

Simplify your charitable giving by transferring the assets in your private foundation to a Donor Advised Fund. This enables you to continue with your charitable bequests without the numerous hassles associated with the management of a private foundation.

Restricted, closely held or non-publicly traded securities

If the contribution involves restricted stock or other non-publicly traded securities, please contact us toll free at 800-944-7730 for assistance. We can contact different firms offering Donor Advised funds to have them review your holdings. They will then make a decision regarding the ability to accept the security.

Real Estate

Real estate contributed to a Donor Advised fund is made on a case-by-case basis. Please contact us toll free at 800-944-7730 so that we can have your property reviewed by the funds that have offered to review real estate as an acceptable asset to donate. Please note that real estate donated must be unencumbered to qualify for review.

Deferred contributions

Donor Advised funds can be named as the beneficiary of, and receive distributions from, a charitable bequest, a charitable remainder trust, a charitable lead trust, a qualified retirement plan. Simply name the Donor Advised Fund of your choice in care of the donor's account.

The information contained on this site is for educational purposes only. It is not intended to be professional tax or legal advice; consult the appropriate professional regarding your specific situations.