Donor Advised Fund (DAF)
Funding Amount
$5,000 minimum to open; $100 minimum per grant distribution
Deadline
Rolling / Open
Grant Type
foundation
Overview
Donor Advised Fund (DAF)
Overview: A Donor Advised Fund is a personal charitable account that allows donors to make a single tax-deductible contribution, invest those funds for potential growth, and recommend grants to their favorite charitable organizations anytime, anywhere.
Geographic Scope: Jewish Community Foundation of Los Angeles serves Los Angeles area and beyond; funds can support organizations locally, nationally, and in Israel.
Key Features:
Eligible Asset Types:
Cost: Annual fee of 1.5% of DAF assets, with a portion funding The Foundation's grants programs
Eligibility:
Contact Information:
Note: The Foundation does not provide legal or tax advice; consult professional advisors.
How to Apply
How to Open a Donor Advised Fund
1. Contact The Foundation at 323.761.8704 or fill out interest form on website
2. Connect with a Philanthropic Advisor to discuss your philanthropic goals and giving strategy
3. Sign Letter of Agreement with initial contribution of $5,000 or more
4. Make Your Contribution in cash, securities, real estate, or complex assets
5. Access Donor Services Online Portal for 24/7 access to your fund
6. Explore Investment Options (available for $50,000+ balances)
7. Recommend Grants of $100 or more through the secure online portal anytime
- Initial contribution ($5,000 minimum)
- Letter of Agreement
- Documentation for assets (if contributing stock, real estate, or complex assets)
Required Materials
- Minimum grant distribution: $100
- Unlimited number of grants per year
- 24/7 online submission through Donor Services portal
- Can recommend grants to any nonprofit of choice
Grant Recommendation Process
Focus Areas & Funding Uses
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