Manage Your Clients' Donor-Advised Funds at the Community Foundation
At the Community Foundation, we make it simple for donors and their financial advisors to work together to achieve philanthropic goals. This unique opportunity allows donors to maintain their investment relationships while ensuring their donor-advised fund (DAF) supports the causes they care about with confidence and accountability.
Our Outside Management Program
We enable donors to partner with their trusted investment advisors to manage their donor-advised funds. Here’s how it works:
- Collaborate with Your Advisor: Donors can keep their existing advisor managing their DAF at the Community Foundation.
- Flexibility for Advisors: Advisors can follow the Foundation’s guidelines or propose their own strategy, subject to our review.
- Confidence in Oversight: The Foundation provides regular performance reviews to ensure funds are on track.
Why Work with Us for Donor-Advised Funds?
Donors:
- Keep What Works: Maintain your trusted advisor while supporting the causes you care about.
- Peace of Mind: Enjoy transparency and oversight from a trusted philanthropic organization.
Advisors:
- Strengthen Relationships: Continue managing your clients' assets while helping them achieve their philanthropic goals.
- Clear Benchmarks: Performance is measured and reported quarterly, ensuring alignment with expectations.
Key Features
- Minimum Fund Size: A starting balance of $500,000 (flexibility available for special circumstances).
- Transparency and Safety: Advisors must meet high industry standards for integrity and transparency.
- Quarterly Reviews: The Foundation evaluates fund performance and benchmarks it against established standards.
- Simple Fee Structure: A flat $3,000 annual fee covers reviews and strategy evaluations.
Benefits for Donors and Advisors
This program is ideal for:
- Donors: Who want to align their philanthropic efforts with their financial goals while keeping their trusted advisor.
- Advisors: Who wish to offer clients a seamless way to integrate charitable giving into their financial plans.
Let’s Work Together!
Whether you’re a donor looking to make a bigger impact or an advisor seeking to enhance client services, we’re here to help. Contact us today to explore how this program can align financial goals with meaningful giving!