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Phone (910)483-4449 ? Fax (910)483-2905 DONOR ADVISED FUND GRANT RECOMMENDATION FORM Fund Name: Advised Fund of Cumberland Community Foundation, Inc. I/we, Advisor(s), recommend the following grants

How to fill out donor advised fund grant

How to Fill Out a Donor Advised Fund Grant:

1. Begin by researching the specific guidelines and requirements of the donor advised fund (DAF) you are using. Each fund may have different application processes and restrictions, so it is important to familiarize yourself with the specifics.
2. Consider the purpose and goals of your grant. Determine which nonprofit organization or charitable cause you would like to support with the funds from your DAF. This could be a specific project, program, or general operating support.
3. Contact the nonprofit organization or charitable cause you wish to support. Discuss your intention to submit a grant from your DAF and inquire about their grant application process and any additional requirements they may have.
4. Obtain the necessary documentation and information required for the grant application. This may include financial statements, project proposals, letters of intent, or any other supporting materials requested by the nonprofit organization. Make sure to fill out all the required fields accurately.
5. Complete the grant application form provided by your DAF. This form will typically ask for information such as your contact details, the amount of the grant request, the purpose of the grant, and any additional information they may require. Fill out the form thoroughly and provide clear and concise explanations.
6. Double-check all the information entered into the grant application for accuracy and completeness. Ensure that all required documents are attached and all sections of the application form are properly filled out.
7. Submit your completed grant application to the DAF following their prescribed method. This may involve submitting it online through their grant portal or mailing a hard copy to their designated address. Be sure to adhere to any specified deadlines.

Who Needs a Donor Advised Fund Grant?

1. Individuals or families who want to maximize their charitable giving impact. Donor advised funds allow donors to make charitable contributions and then recommend grants from the fund to nonprofit organizations of their choice.
2. Philanthropists or organizations looking for greater flexibility and control over their charitable giving. Donor advised funds offer the ability to contribute assets, such as stocks or real estate, and then distribute grants over time or all at once.
3. High-net-worth individuals who wish to simplify their charitable giving process. Donor advised funds consolidate contributions into one account, making it easier to manage and track donations. Additionally, they handle administrative tasks, such as due diligence and grant disbursement, on behalf of the donor.

Overall, donor advised fund grants provide a convenient and effective way for individuals and organizations to support charitable causes and make a positive impact in their communities.

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What is donor advised fund grant?

A donor advised fund grant is a charitable gift given by a donor to a fund, which is then distributed by the fund to various charitable organizations.

Who is required to file donor advised fund grant?

Nonprofit organizations or individuals who have established donor advised funds are required to file donor advised fund grants.

How to fill out donor advised fund grant?

Donor advised fund grants can be filled out by submitting the necessary documents and information to the fund administrator.

What is the purpose of donor advised fund grant?

The purpose of donor advised fund grants is to provide support to charitable organizations and causes chosen by the donor.

What information must be reported on donor advised fund grant?

Donor advised fund grants must include information on the recipient organization, the amount of the grant, and the purpose of the grant.