Waukesha County Community Foundation WCCF

Donor Advised Funds

A Donor Advised Fund permits the donor to advise the Board of Directors about how to make distributions of earnings from the fund. While federal tax laws require that the Board of Directors has the final decision, the Board will take the donor's wishes into consideration in making gifts. This allows the donors to be actively involved in their giving without some of the administrative work.

Many donors consider a Donor Advised Fund to be a welcome alternative to creating their own private foundation because of its relative simplicity and lower cost. Families who want to pass on their charitable values also like a Donor Advised Fund because they can involve children in giving decisions and name children as successor advisors.

A Donor Advised Fund can be established with a gift of $25,000 or more. The Artesian Fund program can be used to create a Donor Advised Fund.

(Back to Types of Funds)

(Back to Setting Up a Fund)

(Board of Directors) (Founding Circle Members) (Mission) (Types of Funds) (Women and Girls Fund) (Women of Distinction) (Setting Up A Fund) (Grant Awarded) (For Grant Seekers) (Making a Donation) (Annual Report) (Links) (Contact WCCF)