Donor-Advised Funds
A donor-advised fund is a charitable giving program managed by a nonprofit institution or charitable foundation created for the purpose of managing
charitable gifts on behalf of donors.
For more information about setting up a donor advised fund, please contact your financial advisor.
What Are the Advantages of a Donor-Advised Fund?
- Your gifts to your donor advised fund entitle you to an immediate income tax deduction at the time of contribution.
- You avoid capital gains tax on appreciated assets you place in your donor advised fund.
- Your fund’s investment gains accumulate tax free.
- Funds are distributed to Andre House in your name and immediately put to use to support our mission
How Does It Work?
- You contribute assets such as cash, stocks or bonds to a donor advised fund established in your name and managed by a sponsoring organization
(like Catholic Community Foundation, Vanguard Charitable or Schwab Charitable). - The sponsoring organization reinvests your gift as you direct.
- The sponsoring organization makes distributions from your fund to charities you recommend, such as Andre House.