Harness the Giving Power of a Private Foundation — Without the Complexity
Donor Advised Funds
Are you looking for an easy, cost-effective way to support St. Joseph’s Indian School and other causes you love? A donor advised fund, which is like a charitable savings account, may be the right choice for you.
Here's how it works. You transfer cash or other assets, such as appreciated stock, to a tax-exempt sponsoring organization, such as a public foundation or a national sponsor like Fidelity Charitable or Schwab Charitable ($5,000 minimum requirement). You can then recommend how much and how often money is granted to St. Joseph’s Indian School or other qualifying 501(c)(3) charities, while avoiding the cost and complexities of managing a private foundation.
You qualify for a federal income tax charitable deduction at the time you contribute to the account, and you have the power to make recommendations on which charities to support whenever you want. You centralize your giving and recordkeeping in one location. And maybe best of all, you can start a legacy of giving by letting your children help decide which grants to recommend.
Support What Matters
Want to learn more about donor advised funds? View and download the FREE guide, Maximize the Impact of Donor Advised Funds.
View My Free BrochureAn Example of How it Works
Joe and Laura want to give back to their hometown of Chamberlain, South Dakota by putting their money where it will do the most good. They establish 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 all 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 St. Joseph’s Indian School (which they've supported for years) and the local food bank. The foundation presents the charities with checks from the Megan Fund, which Joe and Laura named in honor of their granddaughter. Joe and Laura are delighted to start this personal legacy of giving.
Learn How to Fund It
Create a donor advised fund with one of the following assets:
Delay Your Payments
If you are younger than 60 or don't need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date — such as when you reach retirement. To learn more, view and download the FREE guide Deferred Gift Annuities: Plan Now, Benefit Later.
SJIS minimum age for a one-life CGA is 50 and 54 for a two-life CGA. Please contact our planned giving office with any questions you may have.