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Donor Advised Funds
What are they?
A donor-advised fund is a popular,
flexible, and easy way to support
the organizations, causes, and
groups and issues that you care
about, now and in the future. As a
donor, you make gifts to your fund
at any time—taking a tax deduction
for the year in which a gift is
made—and then recommend that grants
be made from the fund at any time to
groups you identify. A donor-advised
fund may be created by an
individual, family, group, business,
or organization.
Highlights:
- Donor-advised funds may be
named to recognize the donor(s),
a family member, friend, or
organization. Or, you can select
a name for the fund that will
ensure your anonymity.
- CRCF can accept donations of
almost any asset, including
stock and real property.
- You can choose your own
investment strategy from among
the investment pools offered by
CRCF.
- CRCF staff is available to
help you learn more about groups
that meet your needs.
- Through donor-advised funds,
you can engage family members in
learning more about their
community and groups addressing
community issues.
- The fund may be established
as an endowment (ensuring that
grants are made in perpetuity)
or as an expendable fund (which
enables you to make grants of
any size at any time).
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