Donor Advised Fund
You can simplify your charitable giving by establishing a donor advised fund at Silicon Valley Community Foundation. Hundreds of individuals and families partner with Silicon Valley Community Foundation, utilizing the community foundation's services and expertise to make their giving easy and effective. In less than a day, you can open a donor advised fund, receive an immediate tax deduction and begin realizing your philanthropic dreams. Making an impact has never been easier or more rewarding. You also benefit from an array of donor services that come through working with the region's leading provider of charitable solutions.
By creating a donor advised fund, you can organize all your charitable activities through one expertly-managed and cost-effective charitable vehicle. Your gift qualifies for an immediate tax deduction, and you can take your time deciding which organizations to recommend for grants.
Following are just a few of the benefits and services you receive with a donor advised fund:
- Expert staff with in-depth knowledge to help develop your charitable giving strategy and goals
- Grants administration and processing. The foundation will issue checks to your chosen charities and handle deposits to the fund
- Flexible and strategic investment options as part of our $2 billion portfolio
- Exclusive educational and networking events for our donors and fund advisors
- An informative quarterly e-newsletter
- The opportunity to name your donor advised fund. You may chose to name the fund for your family or a loved one. You also have the option to remain anonymous or assign a unique name reflecting your charitable mission and values
- Access to your fund 24 hours a day through our secure online resource
We also offer the opportunity for a permanent endowed fund. An endowed donor advised fund sets a yearly limit on grants from the fund based on the community foundation’s current spending policy, ensuring that the fund will benefit the causes you care about in perpetuity. Naming opportunities are offered to those who create an endowed donor advised fund of $50,000 or more.
A donor advised fund may be opened with gifts of $10,000 or more. A variety of assets, including stock and real estate, may be used to open or add to a donor advised fund.
For more details or to get started immediately, review and complete the appropriate documents located in the Getting Started section of our website.
---------------------------------------------------------------------------------
Silicon Valley Community Foundation is not engaged in rendering legal, financial, or tax advice. Information in our publications and on our website is provided as a service to provide general information about charitable giving. Many topics related to charitable giving have complexities and nuances that cannot be adequately detailed in brief articles or announcements. Individuals’ personal situations may vary. Please consult your financial or legal advisor. Performance data is based on past performance and is no guarantee of future results. If you would like to report discrepancies with information presented, please contact us at info@siliconvalleycf.org.
