Trying to figure out how to set up a donor advised fund with Jewish Communal Fund? Here are three steps to set up a donor advised fund: First, complete the online application and make a contribution; then, choose how you would like to invest the charitable assets in your fund, and lastly, recommend grants to charities using our easy online donor portal. Please be sure to read our fees and policies before getting starting.
1. Fill out an application and make an initial contribution
Fill out the online application and make an irrevocable contribution of $5,000 or more. Contributions can come in the form of:
- Cash (check or wire)
- Appreciated securities
- Mutual funds
- Real estate
- Privately held assets
- Credit card (fees apply)
2. Choose investment options
The next step in how to set up a donor advised fund is to choose an investment allocation for your charitable giving portfolio. You can either pick one of our pre-set portfolios or customize your own portfolio using the investment options available on our robust investments platform. Any growth your fund experiences will be tax-free.
3. Support your charities
Make grants online quickly and easily to IRS-approved 501(c)3 public charities of your choice. Donor advised funds provide you with an immediate tax deduction and enable you to have more time to be thoughtful about your giving and philanthropic goals.
Now that you know how to set up a donor advised fund, you can take advantage of the flexibility, tax benefits, and simplicity that Jewish Communal Fund offers. Follow these easy steps to begin your philanthropic journey today.