Harness the Giving Power of a Private Foundation
A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to The Conservancy of Southwest Florida and other charities.
You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.
In return, you qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.
An Example of How It Works
Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They consider establishing a $25,000 donor advised fund with a community foundation.
The couple would receive a federal income tax charitable deduction for the amount of the gift. They would 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 could recommend grants for the Conservancy (which they've supported for years) and the Animal Rescue League. The foundation would present the charities with checks from the Megan Fund, which Joe and Laura could name in honor of their granddaughter.
Support What Matters
Learn more about donor advised funds. View and download the FREE guide One-Stop Giving: The Convenience and Simplicity of Donor Advised Funds.View My Guide
Not Sure How to Begin Planning?Download My FREE Personal Estate Planning Kit
- Evaluate a sponsoring organization to make sure it supports your interests, values and the type of asset you are considering as a funding source.
- Get to know the organization's policies and procedures-from minimum contributions to administrative fees. Each organization handles these details differently.
- Contact Aaron Lapp at 239-403-4222 or AaronL@conservancy.org to discuss using donor advised funds to support the Conservancy and our mission.
- Seek the advice of your financial or legal advisor.
- If you include the Conservancy in your plans, please use our legal name and federal tax ID.
Legal Name: Conservancy of Southwest Florida
Location: Naples, FL
Federal Tax ID Number: 59-1157084