ADDING VALUES TO STRONG PERFORMANCE

Donor Advised Funds

With a Donor Advised Fund, you can be actively involved in furthering your philanthropic goals. Donors can be individuals, couples, families or any group of people with charitable intent. Friends Fiduciary’s program allows you to assist both Quaker institutions and non-Quaker 501c3 organizations that are in harmony with the values of Friends.

A Donor Advised Fund:

See the Donor Adivised Policy for more information.

Establishing Your Donor Advised Fund

Complete the Donor Advised Fund Setup Form & Agreement. Friends Fiduciary will review the signed agreement and, upon approval, assets of cash or securities will be accepted. Once the assets have reached the $50,000 minimum, recommendations can be made for grant distributions. During setup, you may choose from several termination/final charitable beneficiary options.

Advisory Role for Grantmaking

As part of the fund setup you must choose from several Donor/Advisory Committee options. Please recognize that:

Grantmaking

Investment of Donor Advised Funds

All Donor Advised Funds are invested in the Consolidated Fund. This reduces administrative and investment costs, leaving more charitable dollars available for distribution. Quaker testimonies and values guide our  socially responsible investment activity.

Fees

Donor Advised Funds share in the operating cost of the Consolidated Fund, as do all constituents. In addition, there is an annual service charge of 1.00% (100 basis points) or $250, whichever is higher. Friends Fiduciary reserves the right to modify the fee structure.

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