Donor Advised Fund

A personal approach to giving.

Opening a Donor Advised Fund allows you to make a gift to your community foundation, then remain actively involved in suggesting uses for your gift.

Donor Advised Funds are convenient, flexible tools for individuals, families, businesses, or groups that want to be personally involved in suggesting grant awards made possible by their gifts. If you have a range of community interests, you may find that it’s an ideal vehicle for fulfilling your charitable wishes. Donor Advised Funds are typically less costly and easier to administer than other forms of philanthropic giving (such as family or corporate foundations).

Your gift can be combined with others to increase its impact, and you can add to the fund you establish at any time, receiving tax benefits with each new gift. You can establish a fund today and make grant recommendations now or in the future. And if you endow your gift, it becomes a permanent community funding resource.

How it works:

• You make a gift to TCF — you can give cash, appreciated stocks, real estate, or other assets.
• We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
• You receive tax benefits in the year your gift is made.
• You recommend uses for the fund — working with our professional program staff to support the causes and organizations you care about most.
• Your recommendations are presented to our community foundation board for approval.
• We handle all the administrative details and issue grants to charities in the name of the fund you establish (if you prefer, grants can be made anonymously).