A Donor Advised Fund offers individuals and families the ease and flexibility of giving, similar to a private foundation but without all the expense and administration. Gifts of cash or appreciated securities can be donated to set up your fund. You use your fund to make grants to charities over a period of time. Your gift can grow tax free through several investment options. You can also set up a Donor Advised Endowment Fund to build a fund that will give to charities in perpetuity and pass your giving tradition on to future generations of your family. The Community Foundation will do all the administration so that you can focus on your philanthropy.