Selecting the vehicle for your charitable giving involves many factors. Donor-advised funds are a terrific alternative to establishing a private foundation and allow you to achieve your charitable goals quickly, efficiently, and tax-effectively.
A donor advised fund is a component fund of The Dallas Foundation that gives the donor the right to recommend grant recipients regularly. Because the Foundation is a public charity, gifts to donor advised funds receive the most generous tax treatment. The fund carries a name selected by the donor and all grants are made in the name of that fund.
Donor advised funds have a number of advantages over private foundations, as shown on the comparison below. If you would like to discuss whether these options would work for you, contact Gary Garcia, our director of external relations, at gwgarcia@dallasfoundation.org.
Compare with a Private Foundation (DOC, 17KB)
Donor advised funds have a number of advantages over commercial charitable gift funds. A benefits comparison is shown below.
Commercial Donor Advised Funds (DOC, 15KB)
If you would like additional information regarding donating different types of assets, investment choices, fees and charitable giving options, please contact Gary Garcia, our director of external relations, at gwgarcia@dallasfoundation.org