donor advised funds
Realize your philanthropic goals and achieve your financial planning priorities.
why set up a donor advised fund?
Establishing a donor advised fund enables you to manage the timing of your charitable gift – and the related tax benefits – while retaining the ability to recommend distributions to the organizations of your choice over time. You can continue to support the organizations you know well and/or expand your giving by working with the Foundation's staff to identify grantees that match your interests. Many of our donor advised funds participate in ECF's grants as grantmaking partners. And, the 1% annual fund fee supports ECF's work for the good of Evanston. To learn more about Donor Advised Funds and how establish one at ECF please RSVP to attend an informational breakfast meeting on June 15; space is limited.
The minimum balance to open or maintain a donor advised fund is $10,000. We will draft a simple fund agreement and arrange to receive your gift to establish the fund.
A donor advised fund may be permanently endowed — managed for long-term growth while generating an annual distribution — or spent down according to your timetable. Please contact Jan Fischer to get started.
for your fund
We'll want to know the initial amount of your gift and whether you'll contribute cash or securities - many donors increase their tax benefit by using appreciated stock to start their funds. What name will you give your fund? Who will advise the Fund? Should you become unable to advise the Fund, where should the Foundation deposit any remainder? Popular choices include the Fund for Evanston or a field of interest fund.
donor advised funds of the Evanston Community Foundation
Joe "Butch" Martin Fund
|Mickey's Children's Fund
David Mulder Memorial Fund for Mental Health
Partners for the Future Fund
Red Bud Fund
Mary Laflin Rockwell Fund
Ticus Family Fund
Weisblat Family Fund
Zunamon-Cunniff Family Fund