At iGiftFund, statements will be posted in your DonorView portal with email notification. We will issue you quarterly statements that summarize the activity and balance of your fund. You will receive an acknowledgement for all contributions made to your account. This letter also serves as your receipt for tax purposes. You will receive a copy of each [...]
iGiftFund can accept a wide range of assets. These include: Cash Publicly traded securities including stocks, bonds, mutual fund shares Restricted and controlled stock Privately-held securities (C-corp or S-corp shares, LLCs, LPs) Real estate Life insurance policies Private foundation grants or terminations Bequests The named beneficiary of a charitable remainder trust or a charitable lead [...]
You create an investment program that’s tailored to your individual goals and objectives. iGiftFund works with all custodial platforms. Each investment account is separate and can be individually managed on your familiar investment platform. You may recommend your trusted financial advisor to manage investments, in open architecture, either on a brokerage (transactional) basis or on [...]
Yes. Your account assets can be split between multiple successors. Or, you can have your successors share in the advising responsibilities. Your successor advisors can also name their own successor advisors. We offer several creative ways in which your donor advised fund can continue in perpetuity.
Yes. You can name them as an advisor, contingent advisor, or successor advisor to your fund. We are somewhat unique in allowing children and grandchildren as young as eight years, to participate “under your direction.” This is an excellent way to teach children family values and prepare them to become successful, responsible and caring adults. [...]
At iGiftFund, most funds can be established in a day. Once you submit a completed donor application and contribution form, your account is established and ready to receive contributions. Many donors send a check along with the application. If you want your financial advisor to be involved, have the advisor contact us to coordinate the [...]
Yes. You have maximum flexibility in naming your fund. Most donors choose a name that reflects the family name, such as “The Jones Family Charitable Fund” or “The Jones Family Foundation.” You may also select a name that enables you and your family to remain anonymous.
There is no minimum balance for a donor advised fund. However, there is a minimum administrative fee of $600.
To start a donor advised fund with iGiftFund, you’ll need to make a contribution of $5,000 or more. Once your account is established, you and others can make subsequent contributions of $1,000 or more. Please note, you may set up a donor advised fund now but fund it later; for example, as part of your [...]
Individuals, families, companies, foundations, trusts, and other entities can start a donor advised fund account by completing a simple application and contributing assets. Many people open charitable gift funds for their year-end tax planning and charitable gift-giving.