Donor Advised Fund

Donors can set up a Giving Account online, by fax, or by mail.

1. To start, a donor makes an irrevocable contribution to the Gift Fund, a public charity, and may be eligible to take an immediate tax deduction.
2. The Gift Fund creates a Giving Account and the donor names it, such as The Smith Family Fund.
3. The donor can then recommend to the Gift Fund how to invest the contribution among 11 investment pools.
4. The donor can begin recommending grants to charities at anytime, and to as many IRS-qualified public charities as they choose.

$5,000 for individuals, $100,000 for corporations — an initial irrevocable charitable contribution to the Gift Fund

$1,000 — for additional contributions

$100 — for grant recommendations

Since the Gift Fund is an independent public charity, donors may be eligible for the maximum tax deduction for their charitable contribution:

• Cash equivalents: up to 50%* of Adjusted Gross Income (AGI)
• Long-term appreciated securities: up to 30%* of AGI, generally deductible at Fair Market Value (FMV)
• Other long-term appreciated assets: up to 30%* of AGI, generally deductible at Fair Market Value (FMV)

*Deductibility limits are dependent on the type of asset contributed. Please consult your tax advisor.

Cash equivalents (by check or wire) and securities (including restricted stock).

Certain special assets (including certain real estate) are considered for acceptance on a case-by-case basis.

Learn more about Donating Special Assets

Donors may choose among either asset allocation pools or individual investment pools with different investment objectives.

Donors whose Giving Account has a balance of over $1M, and who have a qualifying advisor, may be eligible to enroll in the Gift Fund's Charitable Investment Advisor Program, which allows for a custom investment solution to be overseen by the advisor. The advisor must be approved by the Gift Fund Board of Trustees and the advisor's investment strategy must be consistent with the Gift Fund's investment policies as determined by the Trustees.

Learn more about the Charitable Investment Advisor Program

Donors can:

• Donate one asset and then support multiple charities from a single donation.
• Recommend grants to any IRS-qualified public charity.
• Recommend grants online, on the phone, by fax or by mail.
• Customize a grant recommendation for a purpose (for example, "In memory of").
• Set up recurring grant recommendations (monthly, quarterly, semi-annually, annually).

The Gift Fund takes care of all cover letters and checks to the charity.

Donors can be acknowledged for recommending a grant to a charity or have the Gift Fund make the grant anonymously by not disclosing their identity.

Up to four Account Holders can participate in all Giving Account privileges at the donor's discretion.

Donors can name successors to assume all Giving Account privileges upon their death, or recommend that the remaining assets go to charities.

Advisors can be provided with full or partial Giving Account access by the donor, enabling them to assist their client with Giving Account activities.

Certain advisors may also be eligible to receive electronic downloads of Giving Account activity directly to their portfolio management system (must be an RIA that works with Fidelity Registered Investment Advisor Group).

The Gift Fund is responsible for all administrative aspects of the Giving Account, including providing the required annual tax documents for use by Account Holders.

The administrative fee has a maximum level of 0.6% annually (subject to a minimum Giving Account fee of $100.00, whichever is greater).

Investment expenses range from 0.07% in the Total Market Index Pool to about 1.15% in the International Pool.