Although a donor-advised fund, which is becoming a more and more popular charitable planning tool, can be established through a national financial institution, The Foundation for Delaware County offers its donor-advised fund holders much broader services, more personal attention, and deeper connections to the nonprofits whose work is essential to effect positive community change. Unfortunately, many attorneys, accountants, and financial advisors are simply not aware that a donor-advised fund established at the Foundation is, in most cases, a far better fit for their clients than a donor-advised fund set up at a “commercial gift fund.”
When you meet with your clients about year-end planning, be sure to ask whether they’ve established a donor-advised fund and, if so, where it’s housed. If a client’s donor-advised fund is not at a community foundation, but instead was established through a national provider, please give us a call. We would be happy to talk with you and your client about the ease and benefits of moving the donor-advised fund to the Foundation.
The Foundation offers donor-advised fund holders the same tax and administrative benefits as a commercial gift fund, including:
Unlike standard commercial gift funds, though, the Foundation offers high-level, customized services to its donor-advised fund holders, including:
Keep an eye out for clients’ donor-advised funds at commercial gift funds. You’ll be doing a tremendous service for your client, and you’ll be helping the local community. You will also be fulfilling your own professional responsibilities by exploring the opportunity for a client to move a donor-advised fund to the Foundation. At the Foundation, hard-earned assets receive the attention they deserve as your clients strive to make a difference in the causes they care about the most.