Comparison of Donor Advised Funds and Private Foundations

If you are looking for a highly personal way of giving, without all of the guidelines, responsibilities, and costs that come along with establishing and maintaining a private foundation, then a Donor-Advised Fund at the Community Foundation is the right charitable choice for you.

Benefits of a Community Foundation Donor-Advised Fund

• Immediate charitable income tax deduction for all gifts to the fund
• An opportunity to support local and national qualifying organizations
• Flexibility: gifts can be accepted and grants can be authorized at any time
• Recognition or anonymity - you choose
• Professional staff to assist you at any time
• Knowledge and evaluation of charitable organizations
• Involving the next generation, if any, or if desided, in philanthropy
• No tax record keeping, administrative burdens, or excessive costs
• Professional management of investments
• Permanent fund to sustain your charitable interests after you lifetime