• You make a gift of $5,000 or more to establish a donor advised fund or $15,000 for an endowed advised fund.
• You receive an immediate federal tax deduction on gift amounts up to 50% of your adjusted gross income (30% AGI on contributions of appreciated stock) and one tax receipt to retain from the Foundation.
• Additional gifts of cash or appreciated securities can be made at any time to grow your fund.
• Over time, you recommend grants from your named fund to charities.
• We make it easy for you to support local charities as well as charities around the country. You can recommend grants to any qualified 501(c)(3) charity.
• We offer online fund access and online grant submissions so that you can access your fund, check your balance and investment performance, and recommend a grant from anywhere you are located.
• A low administrative fee of .60% (60 basis points) or less is charged annually. See Administrative Fee Structure
• Your fee supports the work of the Whitefish Community Foundation to benefit the surrounding Whitefish community.
• We offer confidentiality in all your charitable giving.
• You can name your fund after you, your family, or any name you choose. You can be completely anonymous in your giving or choose to be recognized for your generosity.
• You can invest your fund just like any commercial Donor Advised Fund and we offer several investment options for you to choose from.
• With a fund at the Community Foundation, you will have access to the current and important needs in the community.
• The Community Foundation will take care of all the due diligence in all your grant making: The Community Foundation verifies that your grant recommendations meet the grant making policies and that the grantee organization is a qualified public charity or governmental entity.