A charitable fund that is usually held by an organization, such as a community foundation, where a donor may direct previously donated assets (usually only income) to be donated to and used by certain qualified charities. The donor generally has significant latitude in directing these funds, but the foundation must by law retain the ability to ultimately direct the funds.
An umbrella term used to designate an account held at a community foundation or charitable gift trust, such as those held by mutual fund companies. Community foundations and gift trusts are independent nonprofit organizations; while the donor who established the fund is given the right to designate the beneficiaries of the fund, the governing body of the umbrella organization has the duty to ultimately approve each grant.
A fund that provides for ongoing consultation between the donor(s) and the Board of Directors or Board of Trustees on the specific uses of fund assets and income.
a better option than a private foundation for many
a charitable giving vehicle that allows an individual, group of individuals, family, corporation, trust, or foundation to make an irrevocable contribution to a public charity, and then recommend grants to qualified charities on their own timetable
a charitable giving vehicle that helps an individual set aside funds for charity, avoid capital gains taxes on appreciated assets, receive a current year income tax deduction, and encourage charitable giving across generations
a dynamic gift option that is growing in popularity
a flexible tool for charitable giving, operating much like your own personal or family foundation
a fund you create with the Community Foundation into which you can make tax-deductible contributions at any time
a named "component fund "of The Community Foundation for Greater New Haven
a private fund administered by National Jewish that allows you significant control over the distribution of charitable gifts
a separately established fund to which you can make charitable gifts and retain the right to advise on the charitable recipients, the amounts, and the timing of gifts from the fund
a unique way to simplify and/or streamline all of your charitable giving by allowing you to support the Conservancy as well as other charitable organizations from the same fund
A Donor Advised Fund allows the donor or others designated by the donor to make recommendations to the Foundation regarding charitable grants from the fund. Click here for more detailed information.
A Fund where the donor is responsible for annually recommending which charities may receive the amount available for granting, subject to the approval of TCF Board of Directors.
A fund, often at a charity, established by an individual or family that allows distributions to be made to various charities.
A fund that has an advisor or advisory board that makes recommendations on grants made from the fund
Any separately accounted for fund maintained by a sponsoring charity where (a) the donor or a designee of the donor is given the opportunity to advise the charity regarding investments, grant recipients, and the amount and timing of grants; and (b) the sponsoring charity retains exclusive legal control over all decisions regarding investments, grant recipients, and the amount and timing of grants
An account established with a public charity or with a public charity created by a private financial institution which permits the donor to have, in effect, a separate charitable entity without the need to establish a private foundation.
can be created with a minimum gift of $1,000 and allows you to recommend grants over your lifetime – or that of your successor – to charities you wish to support at any time.
A vehicle by which individuals or organizations make an irrevocable, tax-deductible contribution to an organization, then recommend to that organization how the gift should be distributed to charities. The gift from the donor is invested, creating an opportunity for the gift to grow.
A fund held by a community foundation where the donor or a committee appointed by the donor, may recommend eligible charitable recipients for grants from the fund.
Please see "Ways to Give - Donor Advised Funds "