Thank you for your interest in setting up a new fund. You help make a difference in the community you serve.
We will reach out soon to help you establish your fund. We look forward to working with you.
No. Based on a distribution from an IRA for the purpose of funding a DAF is not considered a qualifying distribution. Contact your tax professional for more details.
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.
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.
Complete a Donor Advised Form and we will be working on your advisement right away. Or contact Amanda Bennett directly 336.882.3298.
All gifts represent an irrevocable contribution and are not refundable.
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.
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.
Yes, the minimum amount to start a fund is $7,500
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.