Donor Advised Funds
It’s Like A Charitable Checking Account
An increasingly popular charitable giving tool, a donor advised fund is a simple and flexible account that allows you to make charitable gifts – for which you receive immediate tax benefits – and then recommend grants to your parish or favorite charity whenever you want.
A donor advised fund at CCF may benefit you in a number of ways:
- It’s an efficient, consolidated system for managing charitable giving.
- All gifts to your donor advised fund are tax-deductible.
- A donor advised fund can help facilitate tax-efficient giving strategies like “bunching”.
- When you make gifts of appreciated assets, such as stock, shares in a business, or real estate, you can avoid paying taxes on the capital gains.
- Simplified tax preparation.
- You’ll have the ability to name your fund — or give anonymously — without having to establish a Private Family Foundation.
How Donor Advised Funds Work
01 Gift
You make a gift to establish the fund. That gift may come in many forms: cash, appreciated stock, real estate, personal property, or some other asset of value.
02 Invest
CCF invests that fund in alignment with our Catholic faith to grow your giving capacity.
03 Grant
You can decide when — and where —you want to direct grants from your fund using our online tool, DonorSphere.
Ideal for Family Philanthropy
In this way, future generations share the joy of philanthropy, and witness first-hand their parents’ commitment to helping those in need.
The Beginning of a Legacy
When you establish your donor advised fund, you can choose successor advisors. Then, when you pass away, your successor advisors will carry on your philanthropy – and your values.
And, many donors choose to permanently endow their donor advised fund, either later in life or after they pass away. In this way, they ensure their gift lives on forever, providing perpetual support to their favorite causes.
Ready to Begin?
If you’re ready to open a donor advised fund, you can start the application process now. Simply download the form to begin.
Get in Touch
We're Happy to Help
Bethel M. Ruest, MBA
Senior Philanthropic Advisor
651-389-0875
Email Bethel
Liz Boo Neuberger, M.A.
Philanthropic Strategist
651-389-0883
Email Liz