A donor-advised fund is established with $10,000 or more and provides
an individual or group of individuals with the opportunity to advise on
grants from the fund in partnership with the Community Foundation staff
and with the oversight of the Board of Directors. As component funds of
the Community Foundation, a public charity, donations to donor-advised
funds qualify for full tax advantages. As a donor advisor,
you will have opportunities to learn more about the needs of our community, share your
philanthropic values and knowledge with others, hear the facts from experts
in the field, and be a partner in grantmaking.
An Alternative To A Private Foundation
An advised fund is the perfect vehicle for those who wish to be active
philanthropists and are looking for an alternative to a private foundation.
An advised fund provides the benefit of being an active philanthropist
without the administrative, investment, research and reporting responsibilities
of a private foundation.
Some Reasons To Choose a Donor-Advised Fund
• to play an active, personal
role in your charitable giving
• to become knowledgeable about
the needs and strengths of our communities
• to obtain immediate tax benefits
• to be thoughtful regarding grants
recommendations (there is no yearly grant minimum)
• to avoid the cost and time required
to establish a private foundation
• to involve family members in
the excitement of giving
• to enhance understanding of
Sonoma County’s charitable programs and projects
• to engage in meaningful exchange
of philanthropic values with other donors
• to give anonymously
• to partner with us to help make
a difference for those in need
• to benefit from our solid financial
management and investment expertise
Grants from Advised Funds
Grants from donor-advised funds are a significant source of support to
vital nonprofit programs in Sonoma County. As an advisor, your recommendation
on grant recipients is valued, and we will provide assistance to you throughout
the process. When you are an advisor, the
Donor-Advised Recommendation Form is all you’ll need to get the grant process going!
To discuss becoming a Partner in Philanthropy with the Community Foundation,
please contact Kay Marquet or Miguel Ruelas, or call
707-579-4073.
To discuss becoming a Partner in Philanthrophy
click here.
Note: All grants are approved or designated for approval by the Community
Foundation’s Board of Directors. Some guidelines apply: all grants
made must be for charitable purposes and be in line with the purpose of
the fund when it was established. Grants may not be made to pay dues for
membership in an organization, to satisfy personal pledges or obligations
made by the donor, or for any purpose from which the donor will receive
some benefit. |
