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How It Works

• You make an irrevocable gift to THE ASSOCIATED of cash, securities, or other property. The minimum initial gift is $10,000.
• Your donor advised fund is invested in with the THE ASSOCIATED Endowment, one of the nation's top-performing institutional funds, managed by the THE ASSOCIATED Investments Office.
• You may propose that distributions from the fund be made on your own giving timetable, to areas of THE ASSOCIATED or other charitable organizations, in amounts of $100 or more.

Benefits

• You or family members you designate have advisory privileges over the fund and may recommend distributions to support specific areas of THE ASSOCIATED and other qualified charitable organizations.
• You may claim a federal charitable income tax deduction in each year you contribute to your donor advised fund. There is no capital gains tax due on appreciated assets, and the gifts may reduce your gross taxable estate.
• Gifts to a donor advised fund at THE ASSOCIATED receive more favorable tax treatment than gifts to a private foundation.
• Unlike gifts made through private foundations, charitable distributions from a donor advised fund can be made anonymously.
• The administrative expenses associated with an ASSOCIATED donor advised fund will be less than' with a private foundation.
• We manage all record keeping, consider and approve distributions to other qualified charities, and provide you with detailed quarterly statements.

Questions and Answers

1. Will I be able to claim tax deductions for the annual distributions my donor advised fund makes to THE ASSOCIATED and other charities?

2. Will I be able to tell THE ASSOCIATED or another charity how I want it to use the money it gets from my donor advised fund?

3. How often can I recommend distributions from my donor advised fund, and is there a limit to how much I can I recommend for distribution each year?

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