The Fund For Philanthropy

Individuals

A Donor Advised Fund (DAF) works like a charitable bank account. You make an initial contribution to establish a fund, using gifts of cash, and/or appreciated publicly traded securities, and/or closely-held stock. The funds deposited into your individual account are carefully invested by The Fund for Philanthropy, and the net income is credited to the your personalized DAF, similar to a mutual fund.

 

As a donor advisor, you can recommend charitable contributions from your DAF to non-profit organizations of your choice throughout the year. Contributing to a DAF allows you to enjoy the tax advantages, while minimizing the detailed administration and regulation of the gifting process.

Here are the forms you’ll need to open your account:

 

* All money and property transferred to The Fund For Philanthropy shall be an irrevocable gift to the charity. The charity shall hold, manage, invest and reinvest the Fund, shall collect the income and shall pay and disburse the net income and principal therefore exclusively for general charitable uses and purposes, in accordance with the provisions specified in the Articles of Incorporation of the charity. The Articles of Incorporation have been adopted by the Board of Directors of the Charity, and their provisions, as they may be amended from time to time, are  hereby incorporated by reference and conclusively assented to and adopted. The phrase “charitable uses and purposes” shall be defined as all of those activities, uses and purposes described in Section 501(c)(3) of the Internal Revenue Code of 1986 (the “Code”).

 

How do I start a fund?

A donor enters into an agreement with The Fund For Philanthropy. Our staff will assist you with the process. Please call Tony Suber at (404) 825-9529 to get started.

Who can I contact?

Please contact Tony Suber by phone at (404) 825-9529 or
tony@fundforphilanthropy.org
by email to get started.

What if I already have a private foundation?

Not a problem. Our Giving Advisors can walk you through the process of dissolving your private foundation and transferring those charitable assets into your newly created donor advised fund.