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Advantages of Donor Advised Funds

  • The staff of the Community Foundation is always available to assist donor advisors who wish to identify areas of urgent need or new opportunities for funding in the community that are in alignment with that donor's particular philanthropic interests.
     
  • When the period for advice terminates, usually upon the death of the donors, a Donor Advised Fund becomes a Named Fund in the Community Foundation General Endowment, so the family's tradition of local giving is perpetuated.
     
  • The Donor Advised Fund option is often attractive to trustees of private foundations who do not want to continue to assume the administrative or investment responsibility of running a private foundation.  Please see this helpful chart on comparing charitable giving options.

  • For donors who receive large amounts of ordinary income in a particular year (such as in a retirement year or in a bonus), a Donor Advised Fund can offer an offsetting tax deduction and the opportunity to develop a charitable giving plan.
     
  • For individuals facing large capital gains because of a stock buy-out, or whose stock portfolios have become too heavy in equities, contributing such stocks to create a Donor Advised Fund will avoid capital gains tax on the contributed stocks.
     
  • The taxes due on distributions from retirement plans or on the gains from the sale of a business can also be offset in many cases by contributing these assets to a Donor Advised Fund. 
     
    For more information, contact the President/CEO, Dan Baldwin or call 831.375.9712 x115.


The Community Foundation for Monterey County is not engaged in rendering legal, financial, or tax advice. Information in our publications and on our website is provided as a service to provide general information about charitable giving. Many topics related to charitable giving have complexities and nuances that cannot be adequately detailed in brief articles or announcements. Individuals’ personal situations may vary. Please consult your financial or legal advisor.