Donor Advised Funds
Like much of your financial life, your charitable giving has likely grown more complex. You may want to simplify or consolidate your philanthropic activities. Or you might be looking for ways to grow your donations so you can make an even greater impact. For all these reasons, you should consider a Donor Advised Fund, offered through our partnership with the Southwest Community Foundation.
Donor Advised Funds are a charitable giving vehicle. This unique fund is designed to simplify your donations, provide tax advantages and help you—and, more importantly, your favorite charities—get the most from your giving.
Think of it as your personal account dedicated to your charitable giving. Instead of sending multiple donations to various charities, you can contribute everything into one fund. Your contributions are tax-deductible, and the balance is invested with the potential to grow tax-free while you distribute the funds over time.
Make only one donation for all your charities.
You make one tax-deductible donation. Donations could include cash, stocks, real estate or non-publicly traded assets. (Minimum donation of $50,000)
Grow the balance to make a bigger impact.
You choose from one of our investment models. That way, contributions can grow into a more substantial gift for the future. All growth is tax-free.
Support the causes you care about.
You tell us which IRS-qualified charity you would like to support, and we take care of the rest. (Minimum grant $100)
In addition to the tax advantages and the greater impact of your giving, a Donor Advised Fund offers you:
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Convenience: You can submit your grant requests to a Frost Wealth Advisor.
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Confidentiality: Every check includes a cover letter that references your fund name or is marked “anonymous” at your request.
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Flexibility: There are no annual distribution requirements, so you can make as few or as many grant submissions as you choose.
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Transparency: Quarterly statements provide you with regular balance updates on fund balance, deposits and grant distributions.
The Southwest Community Foundation (SWCF) and affiliated entities have been serving families, businesses and non profits in Texas for more than 40 years. The foundation made over $14 million in annual distributions to hundreds of charities, scholarships and endowments, and it manages over $162 million in assets. www.southwestcf.org
We’ll talk about your philanthropic goals, answer all your questions and walk you through the entire process. So, whenever you’re ready to make a bigger difference, call us at (888) 268-9202.