A Donor Advised Fund is an extremely simple, inexpensive, and effective way for you to support your favorite charitable causes in a tax-efficient manner.

A Donor Advised Fund is a separate fund within the Community Foundation for Southeast Michigan that is established by an individual, a family, a business, or a foundation, and for which a designated individual or group of individuals serve as advisors. These advisors may make recommendations to the Community Foundation regarding the investment of the fund and grant suggestions to support other public charities.

Donor Advised Funds:

  • Allow for continued involvement in making grant recommendations from the fund to any U.S.-based public charity
  • Offer most of the benefits of a family foundation
  • Build a family or business tradition of philanthropy
  • Generate an immediate charitable income-tax deduction for gifts into the fund
  • Avoid capital gains on gifts of appreciated, long-term assets
  • Provide either public recognition or anonymity, whichever your client prefers
  • Free donors from tax recordkeeping, administrative burdens and expenses
  • Avoid the private foundation investment excise tax and mandatory payout requirements
  • Include professional management services and a choice of investment strategies to meet your charitable objectives
  • Can be organized as a permanent or non-permanent named fund
  • Can be established with a gift of $10,000 or more
  • Cash, publicly traded securities, real estate, closely held business interests, intellectual property and other assets can be used as donations

In addition to the benefits described above, the following applies to our Non-Endowed, Endowed and Business Advised Funds.

Non-Endowed Funds

  • Provide the flexibility of making all of their assets available for grantmaking
  • Provide access to our five available asset allocations or custom investment arrangements for funds of $1 million or more

Endowed Donor Advised Funds

  • Create a permanent legacy of your generosity that grows over time
  • Provide access to our endowment pool investment allocation or custom investment arrangements for funds of $1 million or more

Business Advised Funds

  • An alternative to creating a corporate charitable foundation
  • A demonstration of your company‚Äôs commitment to the community
  • A reliable source for charitable giving, in order to maintain the presence of the business in the community in spite of unpredictable revenue cycles
  • May be endowed or non-endowed

Questions? Contact our Philanthropic Services team at 313.961.6675 or use the form below: