Youve mentioned that Episcopal Charities manages “Donor Advised Funds”. What is a Donor Advised Fund, and why should I consider forming one with Episcopal Charities?
By setting up a donor advised fund with Episcopal Charities your gift will have both an immediate and a lasting impact on complex social issues, while obtaining important tax benefits now. By designating your gift to Episcopal Charities as a donor-advised fund, you may name your own charitable fund and recommend grants for the charitable purposes of the Episcopal Church or a nonprofit organization of your choice. In addition to advising EC as to the use of the fund, you receive a tax deduction at the time of the contribution, and may continue your philanthropy by adding to your fund at any time.
Related Questions
- Can a Donor Advised Fund with Episcopal Charities be used for contributions to my alma mater, museums, my parish, Bishops Ranch, etc.? Are there any restrictions on the uses of such funds?
- Youve mentioned that Episcopal Charities manages "Donor Advised Funds". What is a Donor Advised Fund, and why should I consider forming one with Episcopal Charities?
- What are the fees for having a Donor Advised Fund?
