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DONOR-ADVISED FUND

SIMPLIFY YOUR GIVING

A donor-advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to the YMCA of the Fox Cities and other qualified charities. You can recommend a grant or recurring grants to make an immediate impact.

You can also create a lasting legacy by naming the YMCA of the Fox Cities the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successors to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.

DAF BASICS

Still learning about DAFs? Learn more from Fidelity Charitable Group.


 

Donor-advised funds for the YMCA of the Fox Cities.

AN EXAMPLE OF HOW IT WORKS

Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They established a $25,000 donor-advised fund with a community foundation.

The couple receives a federal income tax charitable deduction for the amount of the gift. They also get the time they need to decide which charities to support.

After researching community needs with the foundation’s staff, Joe and Laura recommend grants for the YMCA of the Fox Cities (which they’ve supported for years) and a local animal shelter. The foundation presents the charities with checks from the Patricia Fund, which Joe and Laura named in honor of Laura’s mother. They name the YMCA of the Fox Cities as the beneficiary to receive the account balance after their lifetimes. Joe and Laura are delighted to start this personal legacy of giving.