Donor-advised funds allow you to support the causes you care about, and teach future generations about the importance of giving back. These funds are an efficient and meaningful vehicle for your philanthropy, and they provide a great way to be actively involved in deciding what causes and organizations will receive your support. They operate much like private foundations – except there is no mandated five percent distribution, and the Foundation handles all administrative details from record-keeping to accounting, investment, and grant-making activities. A donor-advised fund allows you to give your cash or marketable securities at a time that is advantageous for tax purposes, allowing you to decide what you would like to support at your convenience.

Quick Facts

  • Minimum initial gift: $10,000+
  • Fund balance to maintain: $10,000
  • Additional gifts: any size
  • Minimum grant: $250
  • Annual administration fee: 1% first $1 million, $300 minimum annual fee
  • Time to set up fund: Less than one week


  • Quick and easy set-up with no start up fees
  • Highest level of tax benefits
  • Complex gifts accepted
  • Anonymity & multi-generational giving options
  • Access to staff expertise on community issues, needs, and programs
  • Unlimited grants to publicly-supported charities
  • Secure online account access
  • Access to fundholder-only events at the Foundation
  • Opportunities to co-invest with other fundholders on donor led initiatives and Giving Together

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Interested in setting up a fund?

Ken Baroff

Vice President of Donor Development
Phone 919.474.8370 ext:4001
Email [email protected]