A Donor-Advised Fund (DAF) can simplify your charitable contributions to the causes important to you—and Stonewall Community Foundation handles all of the record-keeping! With a Donor-Advised Fund, you will never be scrambling at year-end for a place to make a tax-deductible donation or hunting through files at tax time for charitable donation receipts.

A Donor-Advised Fund gives you the flexibility to receive a tax benefit when it is advantageous for you and distribute the funds at any time over the lifetime of the fund. Stonewall Community Foundation handles all of the administration of the fund.

You may recommend charitable distributions from your fund to any 501(c)(3) organization. All grant recommendations are subject to approval by the Stonewall Community Foundation's Board of Directors.

Establishing and Using a Donor Advised Fund

You can establish a fund with a minimum initial contribution of $10,000.

Once the fund is created, you may submit recommendations to qualified non-profit organizations. You may make recommendations to any qualified public charity. Your DAF is a great way to bring LGBT visibility to your charitable giving. There is no limit to the number of grants you may recommend.

Additional contributions to the Fund may be made in any amount and at any time advantageous to you, helping you to manage your tax liability.

We simplify your record-keeping by doing it for you and provide you with the necessary tax acknowledgements and a cumulative quarterly report of activity in the fund as well as a year-end report.

Presently, there is no fee to setup a DAF at Stonewall.

Benefits of a Donor Advised Fund