Donor-Advised Funds, also know as Charitable Giving Accounts, are a convenient way to support multiple charities with one fund. You receive immediate tax advantages with the flexibility to give over time. Donor-Advised Funds are often used to replace private foundations as a more flexible, efficient and less expensive way of giving.
A new Donor-Advised Fund requires three steps:
Step 1: Establish the Account
Create your account by completing the Fund Agreement Form. Choose a name, record contact information, define beneficiaries and more. Review information on fees and guidelines.
Step 2: Choose How to Invest the Funds
YouthBridge Community Foundation’s investment program offers the flexibilty to customize your fund’s investments to meet your charitable goals, whether they are immediate or long term. When working with YouthBridge you can choose to work with your trusted Financial Advisor or use YouthBridge Community Foundation’s investment pools.
Step 3: Contribute Funds to Your New Account
YouthBridge Community Foundation offers several easy contribution options. You can choose to donate online with your credit card, mail a check, send through wire transfer and more.