At the Community Foundation of Utah (CFU), we strive to support donors in giving with greatest impact. A Donor Advised Fund acts much like a charitable giving account, creating a simple and easy way to contribute to the causes you care about.
Here’s how:
- Our staff partners with you to establish a simple fund agreement, articulating your giving priorities and ensuring your philanthropic legacy.
- You make contributions of cash, stock, or other assets to your fund at any time and receive a tax deduction for the year your contributions are made.
- Your contributions are invested through one of CFU’s investment options, and can grow tax free until you choose to recommend a grant.
- We fulfill the fiduciary responsibilities of a private foundation by conducting due diligence on grantees and handling financial reporting.
- Your fund is supported by CFU’s expertise in Utah’s philanthropic field, connecting you with organizations, peers and learning opportunities to maximize the impact of your giving.
Learn More
Read about Donor Advised Funds and how they work here, or review our Donor Advised Fund Agreement and Donor Advised Fund Policies & Procedures.
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