Donor-Advised Funds are a tax-advantaged, convenient way to organize your personal philanthropy or corporate giving program.

If you wish to be actively involved in deciding what causes and organizations will receive your support, prefer donor-advised funds. They allow you to support the causes you care about and teach future generations about the importance of giving back. They operate much like private foundations – except there is no mandated five percent distribution, and TPF 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: $5,000+

-Fund balance to maintain: $5,000

-Additional gifts: any size

-Minimum grant: $250

-Annual administration fee: 0.5 -3%

-Time to set up a fund: Less than one week

Advantages

-Quick and easy set-up with no start-up fees

-Highest level of tax benefits

-Complex gifts accepted

-Anonymity and multi-generational giving options

-Access to staff expertise on community issues, needs, and programs

-Unlimited grants to charities (Turkey and US)

-Opportunities to co-invest with other fundholders on donor led initiatives

 

Please call us at 646.530.8988 to learn more and/or open a donor-advised fund.