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DONOR ADVISED FUND AGREEMENT Thank you for setting up a donoradvised fund. This donoradvised fund is your charitable giving account. Your fund will be administered by the Indian River Community Foundation,

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How to fill out this donoradvised fund is

01

Research different donor-advised funds to find one that aligns with your philanthropic goals and values.

02

Open an account with the chosen donor-advised fund provider by completing the necessary paperwork and submitting any required documentation.

03

Fund your donor-advised fund account by making a tax-deductible contribution of cash, securities, or other assets.

04

Recommend grants from your donor-advised fund account to qualified charities or causes that you want to support.

05

Monitor the performance of your donor-advised fund account and continue to make contributions and grants as needed.

Who needs this donoradvised fund is?

01

Individuals or families who want a flexible and tax-efficient way to support charitable causes.

02

Donors who want to simplify their charitable giving by consolidating donations into one account.

03

Those interested in creating a long-term giving strategy and involving family members in charitable decisions.

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What is this donoradvised fund is?

A donor-advised fund is a philanthropic vehicle established at a public charity that allows donors to make charitable contributions, receive immediate tax benefits, and recommend grants from the fund over time.

Who is required to file this donoradvised fund is?

IRS requires the sponsoring organization of a donor-advised fund to file Form 990 annually to report the activities and financial information of the fund.

How to fill out this donoradvised fund is?

The sponsoring organization needs to complete and file Form 990, providing details on the fund's financial activities, grants made, and other relevant information.

What is the purpose of this donoradvised fund is?

The purpose of a donor-advised fund is to enable donors to set aside charitable funds, receive tax deductions, and recommend grants to charities of their choice over time.

What information must be reported on this donoradvised fund is?

The filing organization must report financial statements, grants made from the fund, investment activities, and other relevant details.

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