You can easily support your favorite causes through a simple, convenient and cost-effective Donor Advised Fund.
We know how complicated charitable giving can be. You mail a monthly check to your alma mater. You make an online credit card donation to your local library. You contact your financial advisor to transfer stock to your place of worship. You make generous donations regularly, but it can be difficult keeping track of the organizations you support and multiple tax receipts throughout the year. A Donor Advised Fund at Stark Community Foundation can streamline this process and make giving both easy and meaningful.
Think of a Donor Advised Fund as your own joint checking, savings and investment account—specifically for charitable giving. You decide which nonprofits to support from your fund when the time is right for you, and we take care of the rest. It’s an alternative to a private foundation without the high cost and payout requirements – but with the same impact.
Establish your personal Donor Advised Fund with a minimum gift of $10,000 and receive an immediate tax deduction. You can name your fund in honor of your family, a loved one or choose to remain anonymous—the choice is yours.
Your Donor Advised Fund is invested as part of Stark Community Foundation’s more than $415 million diversified investment portfolio. Your hard-earned dollars are strategically invested to provide for long-term growth, allowing you to give more as your fund grows tax-free.
When you’re ready to support your favorite charities, simply let us know what organization you want to support, for what purpose and for how much – and we will take care of the rest. In a matter of days, the organization receives a check and a letter explaining whom the gift is from and for what purpose it should be used.
manage all of your giving from one convenient account
give to multiple organizations and programs throughout the year
simplify your record keeping
engage your children or family in philanthropy
enjoy favorable tax benefits
DONOR ADVISED FUND | DONOR ADVISED FUND | PRIVATE FOUNDATION Independent | |
| No Startup Costs | — | ||
Easy Setup | — | ||
Minimum Contribution | $10,000 | Varies | $5M Recommended |
Highest Charitable Tax Deduction | — | ||
Personalized Service | — | — | |
Local Community Knowledge | — | — | |
Network with Other Donors | — | — | |
No Annual Payout Requirement | 5% Minimum |
