Use a Donor Advised Funds to minimize your taxes by making charitable gifts to your fund while determining which charities will benefit later.

The Benefits of a Donor Advised Fund include:
  • Make a gift to your Fund at your convenience and receive an immediate charitable deduction.
  • Recommend charitable distributions later.
  • Pass on important values of service and caring for others by involving children or other family members in charitable gift recommendations.
  • Add to your fund at any time. All gifts will be acknowledged by the Foundation, and you will be advised of contributions received.
  • Receive an annual statement of all contributions, distributions, and Fund earnings.

Earnings are tax-free, so that more money may be available for your favorite charities.

A Donor Advised Fund is especially attractive when you have stock or real estate and:

  • You wish to bypass any capital gains tax that would be due if you sold it personally.
  • The value is more than you want to give any one charity.
  • You want to transfer the asset all at once and avoid having to accomplish multiple transfers of fractional shares to many different charities.

You can establish a Foundation Donor Advised Fund with gifts of cash, securities or property. You and others may make additional contributions of any size at any time. Each gift represents an unconditional, irrevocable charitable contribution and is not refundable. The Foundation conscientiously invests and administers your Fund. The money is available for distribution to charitable ministries you recommend at any time.  Donor Advised Funds may not be used to satisfy legally enforceable personal pledges.

 For more information, contact the Foundation at 601-948-8845 or marylee@ms-umf.org.