Can a donor transfer assets from another donor advised fund?
Yes, most donor advised fund programs allow a donor to switch his or her account to a different program. The donor simply recommends a grant to the National Philanthropic Trust from their existing donor advised fund account. When NPT receives the grant it will be deposited into the donor’s account. This is not a taxable event because the donor has already received a tax deduction for the original contribution to a donor-advised fund.
