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D O N O RA DV I S E D FUND PROGRAM U N D I N F O R M AT I O N C H A N G E R E Q U E S T Instructions Please enter the information you would like added, updated, or deleted. Please complete and sign

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How to fill out dono r- advised fund

01

To fill out a donor-advised fund, follow these steps:

02

Research and choose a donor-advised fund sponsor.

03

Set up an account with the chosen sponsor.

04

Contribute assests or funds to your donor-advised fund account.

05

Select investment options for your donated assets.

06

Recommend grants to charitable organizations from your fund account.

07

Provide any necessary information or documentation requested by the fund sponsor.

08

Stay informed about the tax implications and regulations related to donor-advised funds.

09

Review and adjust your fund account as needed.

Who needs dono r- advised fund?

01

Donor-advised funds are suitable for individuals or families who:

02

- Wish to have a centralized and structured approach to their charitable giving.

03

- Want to receive immediate tax benefits on their contributions while having the flexibility to distribute donations over time.

04

- Desire to involve multiple family members or generations in philanthropy.

05

- Seek to establish a legacy of giving by contributing to a charitable fund that can continue making grants even after their lifetimes.

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What is donor-advised fund?

A donor-advised fund is a charitable giving vehicle that allows donors to make contributions to a public charity, receive an immediate tax deduction, and then recommend grants from the fund over time.

Who is required to file donor-advised fund?

Donors who contribute to a donor-advised fund are not required to file anything themselves. The sponsoring organization of the fund is responsible for the proper administration and reporting of the fund.

How to fill out donor-advised fund?

Donors do not need to fill out anything specific for a donor-advised fund. They simply make contributions to the fund and then recommend grants from the fund to qualified charities.

What is the purpose of donor-advised fund?

The purpose of a donor-advised fund is to facilitate charitable giving by allowing donors to make contributions and grants in a strategic manner, while also receiving tax benefits.

What information must be reported on donor-advised fund?

The sponsoring organization of the donor-advised fund must report on its activities, contributions, grants, and financial status to ensure compliance with tax regulations.

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