Getting Started
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Is This Gift Right for You?
For donors who want to stay involved in advising on the use of their gifts, a donor advised fund offers participation without being as restrictive or as expensive to operate as a private foundation. Review this checklist to help you further determine whether this way to give works well for you.
A donor advised fund typically charges a 1 percent annual administration fee. Others charge an annual fee, such as $25, plus a fee for each transaction, such as $5.
Profile of a Giver
- You like the idea of a private foundation but prefer to defer the investment and administrative decisions to someone else and to simplify your tax filings.
- You want to take advantage of greater tax benefits for your philanthropy.
- You want to avoid the ongoing expense and management of a private foundation.
Contact Robert A. Merritt at 484-664-3224 or rmerritt@muhlenberg.edu with any questions about establishing a donor advised fund. We're happy to help, without obligation.
Copyright © The Stelter Company, All rights reserved.
The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.
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