Donor Advised Fund Example

John and Jane Smith are passionate about education and the arts and establish a family Donor Advised Fund. Every year, they consult with Community Foundation staff to hear about agencies and programs that are making an impact on their charitable interests and recommend grants accordingly. When they pass or are no longer willing or able to make funding decisions, they can create a tradition of giving in their family by appointing children and grandchildren to make funding decisions or designate their fund to support a specific agency in perpetuity.