How much funding does Donor Advised Funds (DAF) provide?

Donor Advised Funds (DAF) provides Minimum $10,000 to establish; $50,000+ for endowed permanent fund in funding.

When is the deadline for Donor Advised Funds (DAF)?

This grant has a rolling deadline or the deadline has not been announced.

Donor Advised Funds (DAF)

COMMUNITIES OF COASTAL GEORGIA

Foundation Foundation Grants

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Funding Amount

Minimum $10,000 to establish; $50,000+ for endowed permanent fund

Deadline

Rolling / Open

Grant Type

foundation

Overview

Donor Advised Funds

Description: The Foundation's most flexible fund type allowing donors to establish their own named grantmaking fund and recommend grants to a broad range of charities. Functions like a professionally staffed private foundation with better tax benefits, greater flexibility, fewer expenses, and without accounting and investment management burdens.

Minimum Contribution:

$10,000 to establish a Donor Advised Fund

$50,000 to establish an endowed advised fund (permanent)

Who Can Participate: Donors and their children can advise/recommend grants

Geographic Scope: Grants can be recommended to organizations throughout the United States

Key Benefits:

Immediate tax deduction at time of gift

Grants can be recommended over time and years

Only one charitable gift receipt to track

Quarterly statements with detailed information

Gift can be made anonymously

Investment and growth of assets possible for larger funds

May include others (children, family members) as advisors

Access to foundation staff expertise on nonprofits and community challenges

Donors may recommend grant distributions at any time

Common Uses:

Breaking up stock: Donate appreciated stock in single transaction; foundation sells tax-free and credits full value; recommend grants to multiple organizations

Windfall planning: Receive inheritance or bonus, make charitable donation to offset taxes, take time to plan distributions

Foundation payout: Family foundations can make additional distributions to meet 5% required annual payout

Contact:

Communities of Coastal Georgia Foundation

777 Gloucester, Suite 100, Brunswick, GA 31520

Phone: 912-268-4442

Email: info@coastalgeorgiafoundation.org

How to Apply

How to Establish a Donor Advised Fund

1. Contact the foundation or your professional advisor
2. Initial contribution of minimum $10,000 (or $50,000 for endowed fund)
3. Foundation manages investment and administration
4. Recommend grants at any time throughout the year
5. Foundation processes all grant distributions