Starting a Donor-Advised
Impact Fund
Impact Fund
The Community Foundation offers a Donor-Advised Impact Fund, which offers donors the same services of the Foundation as a Donor-Advised Endowed Fund or a Donor-Advised Gift Fund. Like an Endowed Fund, the Impact Fund is invested in The Community Foundation's investment pool allowing the principal to grow over time. Donors may request that up to 20% of the fund be granted each year–increasing grant amounts to organizations the donors wish to immediately help.
With a Donor Advised Impact Fund, you will receive the following:
- The assistance of The
Community Foundation's staff and their knowledge
of the community, to work with you and your family,
if you would like;
- An opportunity to spend upto 20%
of the fund with recommended grants to nonprofit organizations
on an ongoing basis, on your schedule;
- Fees that stay in the community
to help local nonprofits;
- Regular educational briefings, if
you choose to attend, highlighting community trends
and needs;
- Anonymity or recognition for your
charitable work - you decide;
- No capital gains taxes on gifts
of long-term appreciated securities;
- The chance to make a difference!
In order to establish an Impact Fund, you
would need to contribute a minimum of $250,000 in cash
or securities, and complete a Donor-Advised Impact Fund Agreement. Recommended grants
must be in the amount of $1,000 or more.
Tax deductions should be determined with the help of
the your tax advisor, but you may recommend the schedule
for giving.
A sheet detailing the differences
between a Donor-Advised Endowment Fund, a Donor-Advised
Gift Fund, and a Donor-Advised Impact Fund is available.
Please send us e-mail at
or call The Community Foundation office at 303-442-0436
(toll free: 1-877-744-7239) if you have questions.
