Establish a Fund2020-05-14T20:33:03+00:00

Establish a Fund

So you’ve decided to establish a fund. That’s exciting news for everyone. Just fill out the form below and we will be in contact to finalize the details.

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    To start a  Donor Advised Fund you need to:

    1. Decide on the amount you want to invest (minimum of $7,500)
    2. Name your fund
    3. Sign the Fund Agreement

    Fill out the form to start the process.

    Questions

    Have questions? Feel free to contact us today and we will walk you through establishing a fund. We look forward to working with you!

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    FAQ

    How Do I Create A Fund?2020-05-06T22:15:11+00:00

    Creating a fund is simple.  You can begin the process by sending an email to the Gift Planning team or by calling the Foundation at 336.882.3298.  Amanda Bennett will guide you through a simple process based on your charitable goals and objectives.

    Is There A Minimum Size For A Fund?2020-05-06T22:15:11+00:00

    Yes, the minimum amount to start a fund is $7,500

    What Can I Name My Fund?2020-05-06T22:15:11+00:00

    Many donors use their family name for their fund. You may prefer a name that is representative of the types of programs you want to support, or you may choose a name for the fund that preserves your anonymity.

    What Kind Of Assets Will You Accept?2020-05-06T22:15:11+00:00

    The Foundation can accept many types of assets including cash, publicly traded securities, closely held and restricted stock, real estate, and life insurance policies.  It is our policy to quickly convert to cash. Contact Amanda Bennett for more specific information 336.882.3298.

    Can I Get A Refund On Any Gifts?2020-05-06T22:15:11+00:00

    All gifts represent an irrevocable contribution and are not refundable.

    How Do I Make A Disbursement From My Fund?2020-05-06T22:15:11+00:00

    Complete a Donor Advised Form and we will be working on your advisement right away.  Or contact Amanda Bennett directly 336.882.3298.

    Who Can Make Grants From A Donor Advised Fund?2020-05-06T22:15:11+00:00

    Throughout your lifetime, you may recommend grants from your fund. You may also designate (on your DAF agreement) your spouse, child, or another member of your family to make advisements.

    Where Will My Funds Be Invested?2020-05-06T22:15:11+00:00

    If you start a Donor Advised Fund with less than $250,000, your money will be pooled with SEI, a leading asset manager with more than 475 clients worldwide, as our Outsourced Chief Investment Officer (OCIO) to maximize the foundation’s investment assets. As a donor, you will greatly benefit from this strategic partnership.

    If you open a fund and maintain a balance of $250,000, you have the option of investing your money with one of our preferred partners.  To learn more details call our office 336.882.3298.

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