Donor Advised Funds (DAF’s) allow donors maximum flexibility with their giving. They are a vehicle of charitable giving that is an alternative to direct giving or a establishing a costly private foundation.
A Donor Advised Fund allows donors to recommend grants to support qualified charitable 501c3 organizations in the current or subsequent years. You may decide at any time during the year to give a grant. Our online web portal makes recommending grant easy and fast.
Through a Donor Advised Fund, donors may contribute gifts of almost any kind; including cash, stock, or property. These gifts are accepted at NMF, invested and distributed to the charity of your choice.
Donors may contribute to a Donor Advised Fund at any time. Your gift is tax-deductible and because your fund is housed in a public charity, you’ll receive the maximum tax deduction available. You will also avoid excise taxes and other restrictions imposed on private foundations. Click here to learn more.
Your partnership with the Northwest Minnesota Foundation is stress-free. We take care of the headaches of filing grant, audit and other governmental requirements.
If you are interested in starting a donor advised fund, talk to us about establishing a fund today! Contact information for our development officers is listed below.
