How it Works

• You make a gift to your community foundation. You can give cash, appreciated stocks, or other assets.
• We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
• You receive tax benefits in the year your gift is made.
• You, your family, or your team of advisors make grant recommendations to support the causes and organizations you care about most.
• Your recommendations are presented to the community foundation’s Board of Directors for approval.
• We handle all the administrative details and issue grants to charities in the name of the fund you establish. If you prefer, grants can be made anonymously.

Donor-advised funds provide a convenient, flexible way for you, your family, or your business to get involved with your community. This type of fund is typically less costly to administer than other forms of philanthropic giving such as a private foundation, but it still allows you to establish a charitable legacy and fulfill multiple charitable interests. By working through your community foundation, you take advantage of the expertise of our staff and professional investment management. You can establish a fund today and make grant recommendations now or in the future.

Examples of donor-advised funds based outside of the Lakeshore area:

When Alex Dorado retired . . .
John Green is a successful business executive . . .
Mark and Susan Smith are enjoying their retirement . . .