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Philanthropy

Posted February 15, 2021

Donor-Advised Funds

WRITTEN BY
Amber Berkey

The San Diego Foundation provides excellent guidance on all aspects of Charitable Giving. This quarter, we take a look at Donor-Advised Funds, and how they may further your philanthropic giving.

If you would like more information, or would like to set up a Donor-Advised Fund, please contact Tina Pope, Director of Philanthropy, at Tina.Pope@nhcare.org or (760) 520-8628.

How Does a Donor-Advised Fund Work? – The San Diego Foundation

Read the Full Article by The San Diego Foundation

If you’re looking for ways to be more charitable or for simpler alternatives to establishing a private foundation, you may have come across donor-advised funds in your research.

Donor-advised funds are a tax effective, flexible way to increase your impact and help you respond to emerging needs. For example, more than $1 billion in grants have been made by donor-advised funds managed at community foundations since the start of COVID-19.

A donor-advised fund is a philanthropic giving vehicle administered by a charitable sponsor, such as a community foundation (like The San Diego Foundation) or commercial institution. Philanthropists establish donor-advised funds with a charitable sponsor, fund the account with an irrevocable, tax-deductible contribution and receive an immediate tax deduction.

Read the Full Article by The San Diego Foundation

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