Charitable Giving

“We make a living by what we get, but we make a life by what we give.” Winston Churchill

Charitable Giving using Donor-advised Funds

1) Provides a tax benefit and potentially eliminate capital gains*

2) Seeks to maximize your giving

3) Helps you track your gifting for tax purposes

* A donor’s ability to claim itemized deductions is subject to a variety of limitations depending on a donor’s specific tax situation. Consult a tax advisor.

How does it for work?

1) Contribute

Donors open an account by making an irrevocable contribution of at least $5,000 in cash, securities or other assets. The most tax-smart option is to contribute appreciated securities and potentially eliminating capital gains taxes.

2) Invest

The account is invested in one or more investment pools. Accounts of $250,000 or more can be professionally managed by an advisor with a broad range of investment options.

3) Grant

Donors or designated advisors can recommend grants at any time to any qualified U.S. public charity. The custodian sends the funds to the charities along with a personalized grant letter, keeps track of all contributions and grants, and is a centralized source for all tax receipts and records.