A DAF is a flexible, tax-efficient way for your clients to support the causes they care about with immediate and maximum tax benefits.

Receiving the tax benefit up-front allows them to recommend grants to their favorite charities over time, on their own schedule. They also recommend who will succeed them as fund advisors over successive generations.

At iGiftFund, we've designed a structure that allows you to continue managing your clients' investment portfolios while we provide the charitable administration, compliance oversight, and grantmaking support. Our model utilizes two complementary accounts:

• Investment Account (holds approximately 99% of fund). Held with the custodians you work with and managed by you as part of your client's broader investment strategy.
• Liquidity Account (holds approximately 1% of funds). Held at iGiftFund to facilitate timely grant making with the balance adjusted as part of your client's planning to support anticipated grants and minimize liquidity transfers. This account is also used to cover administrative fees and is rebalanced as needed.

Contributions

Once a contribution has been posted to the fund, the gift acceptance letter will be available in the portal and can be downloaded.

For non-cash contributions, such as appreciated securities, the gift acceptance letter will identify the asset received, the quantity, and the date of receipt, but it will not include a dollar value. In accordance with standard nonprofit practice, the value of non-cash gifts is not stated on the acknowledgment letter. However, the recognized contribution amount will be displayed in the portal.

Grants

Once the DAF is set up and funded, your clients (and you, if given the ability to do this), can recommend grants and grantees in the online portal.

Grants can be set up as one-time or recurring, with full, partial or anonymous recognition.

Grant payments are issued directly to the recipient organization, either by check or electronically via ACH, if the organization is enrolled to receive electronic payments through iGiftFund.

Quarterly Statements

iGiftFund provides quarterly statements. We’re also happy to arrange duplicate statements or set up third-party view-only access for your client’s investment account depending on what your custodian allows.

Minimum Contribution

Minimum initial contribution: $25,000
Additional contributions: $1,000 minimum

Grants

Minimum grant amount: $100
Grant checks are mailed directly to the charitable organization and include a grant letter.

Fees

Our fees are tiered, starting at 45 basis points (bps) for the first $500,000 (minimum $600 annually).

View Fee Schedule

Investment Objectives and Guidelines

Our Investment Objectives and Guidelines outline the framework we use to oversee donor advised fund assets, ensuring alignment with our policies while allowing advisors to manage investments within established parameters.

View PDF

Donor Materials

Click the button below to view and download our handout for donors about DAFs.

Donor DAF Handout