Donor Advised Fund

Many individuals have unique assets that may be tax efficient to contribute. By contributing these special assets directly to the Gift Fund, they can potentially avoid capital gains tax on the sale of the assets — and increase the amount of charitable contribution and potentially their tax deduction.1

If a donor has certain types of assets in their portfolio — beyond traditional cash equivalents and publicly traded securities — the Gift Fund can work with them to determine if donating the assets could help them meet their charitable objectives. As always, donors should consult with their legal, tax, or financial advisor prior to making a decision. Neither the Gift Fund nor Fidelity Charitable Services provides legal or tax advice.

The Gift Fund will consider the following types of special assets for acceptance:

Special Assets Accepted Initial Contribution Additional Contributions
Private C-Corp Shares (where the exit strategy is a corporate redemption) $100,000 $25,000
Private C-Corp Shares (where the exit strategy is a merger or acquisition) $2 million N/A
Private S-Corp Shares (where the exit strategy is a corporate redemption) $1 million $250,000
Private S-Corp Shares (where the exit strategy is a merger or acquisition) $2 million N/A
Certain LLC and Limited Partnership Interests (preferably holding no assets other than C-Corp stock) $1 million $250,000
Residential Real Estate $1.5 million N/A
Cash Value of a Life Insurance Policy $10,000 N/A
Other Real Estate $2 million N/A

1 Information provided is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. Neither Fidelity nor the Gift Fund provides legal or tax advice. Content provided relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. Consult an attorney or tax advisor regarding your specific legal or tax situation.

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