Donor-advised funds are flexible giving tools created by individuals, families, and businesses who wish to actively participate in the grantmaking process.
You can establish a donor-advised fund quickly and easily with a short fund agreement and a single gift. You can then recommend grants from your fund to charitable projects or organizations you wish to support. It is easy to give to multiple nonprofits through a donor-advised fund.
Donor-advised funds at The Denver Foundation can give grants anywhere in the United States, grantees can be religious organizations (or "faith-based"), grants can support overseas efforts through U.S.-based charities, and grantees do not need to be approved through the Community Grants Program process.
Donor-advised funds are particularly useful for families who have broad charitable interests but may have a one-time tax or income event that necessitates a large gift that can then be used to fund charitable activity over a number of years.
For more information, please contact the Philanthropic Services Group at 303.300.1790.
When opening a donor advised fund, there are four basic decisions you will need to make:
- the name of the fund
- whether it will be endowed so that you will only grant 6% each year or nonendowed when you could grant all of it at anytime
- who will serve on your advisory committee if there is more than one person involved
- how long you want the fund to last
Those areas are highlighted on the fund agreement below.
Donor Lisa Negri helps meet critical needs
Lisa Negri found out about the hunger crisis from The Denver Foundation -- and was able to make an immediate difference in the lives of people in need.