Donor Advised Funds

Establish a Donor Advised Fund

Some funds in the Foundation are donor-advised philanthropic funds. These funds are established with a donation to the Foundation, often with appreciated stock or by year-end donation of cash to take advantage of charitable deductions from current income tax. Subsequently, the donor recommends distributions from the fund to qualified charities recognized by the IRS, that align with the Foundation mission. This allows the donor to take advantage of a making one donation, such as the transfer of appreciated stock, receiving a tax deduction for the full value of the appreciated stock, and then making multiple smaller distributions from the proceeds of that transfer at later dates. A donor can name a child or children as successor Trustees, to encourage children to continue the tradition of philanthropy.

You can establish a Donor Advised Fund with a minimum gift of $10,000 in cash, stock or other property.

Some of the benefits of a Donor Advised Fund are:

  • Donors receive an immediate tax deduction and eliminate capital gains taxes on any long-term appreciated property
  • Provides a central location for your charity giving
  • Your gifts to the fund will remain confidential
  • You stay involved and, if needed, utilize the resources and JCF’s expertise to recommend agencies and programs that connect with your charitable interests and meet the needs of the community
  • You can pass the right to recommend grants from your fund to your successor

Contact Lauren Beja (lbeja@shalomdch.org) for more information on starting a fund.