Donor Advised Fund
The Charitable Investment Advisor Program allows a donor to nominate an independent investment advisor to manage a portion of the Gift Fund's assets held in a Giving Account. The program is designed to support the Gift Fund's mission of furthering the tradition of philanthropy by providing programs that make giving simple and effective.
How It Works
- A donor with a Giving Account balance of $250,000 or more is eligible to enroll in the program.
- The Gift Fund qualifies and approves (subject to various criteria) the independent advisor to manage a portion of the Giving Account balance.
- A minimum of 5% of the total Giving Account balance is required to remain invested in one or a combination of the Gift Fund's investment pools to enable the Gift Fund to efficiently fund grants without the delay caused by having to liquidate advisor-managed charitable balances.1
Benefits
With the Charitable Investment Advisor Program, the Gift Fund and its donors' charitable contributions benefit from a more diversified asset allocation than is currently available through the existing Gift Fund investment pools.
With this new investment program, donors will:
- Receive customized investment management for their Giving Accounts from their trusted and independent advisor, to help meet their charitable goals.
- Pursue potentially higher returns from their charitable contributions, which may mean greater support for the causes they care about.
Advisors
With the Charitable Investment Advisor Program, the Gift Fund now provides independent advisors the opportunity to manage the Gift Fund's assets in a Giving Account. Advisors can provide the Gift Fund and their high-net-worth clients with a more diversified approach to charitable giving — helping to more effectively meet clients' charitable giving goals. The program will help advisors:
- Build charitable investment portfolios that more effectively integrate charitable giving into their clients overall financial plans.
- View their clients' Giving Accounts alongside their personal investment accounts — including brokerage, college savings, and retirement accounts — so they can provide a more coordinated service for both personal assets and charitable balances.
- Expand clients' opportunities to potentially increase charitable giving with their advisors' investment expertise.
Contact Us
To learn more about the program, call us or have your advisor call us at 1-800-280-6357.
1The Gift Fund will direct the liquidation of advisor-managed charitable balances if a grant recommendation is made that cannot be funded with balances in the Gift Fund's investment pools.