Benefits of Private Foundation Conversion
There are a wide range of benefits provided to your clients when they transition their private foundation into a donor advised fund with us.
We work with you to help your clients continue to achieve their charitable goals, while taking care of all administrative tasks. Your clients will also benefit from our expertise in strategic philanthropy and their charitable giving will become meaningful, effective and easy.
What Your Clients Receive
- Your clients again experience the joy of philanthropy while we handle all of the administrative responsibilities, including oversight, due diligence, record keeping and reporting.
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Your clients can name their fund.
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Your clients can involve their children and grandchildren, and name them as advisors and successors.
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Your clients can give anonymously.
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We invest your clients fund according to our investment policy to protect principal, generate current income and ensure capital growth.
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Your clients are freed from the annual 5% payout requirement — there is no such requirement with a donor advised fund.
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Your clients can recommend grants to any qualified public charity to benefit their community, Fairfield County, other states, and even other countries.
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Once your clients recommend grants from their donor advised fund, we handle all administrative tasks, including due diligence, and make the grants in your fund’s name.
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Your clients receive a quarterly donor statement detailing all fund activity.
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When your clients open a fund of $250,000 or more, they are paired with a staff donor relationship manager who will support their grantmaking.
Your clients' relationship manager will inform them about community philanthropic strategies, introduce them to local nonprofits working in their priority areas, and alert them to local giving opportunities aligned with their interests.
Contact Us to Get Started
To learn more about the benefits of converting a private foundation to a donor advised fund and other solutions for your clients, contact Juanita T. James, President & CEO, at 203.750.3200.
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