Designated Funds  |  Donor Advised Funds  |  Field of Interest Funds  |  Fund for the Future
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DONOR ADVISED FUNDS are a popular vehicle with contributors to the Emporia Community Foundation. Since 1996, our beginning, we have set up over 30 of these accounts. Distribution from these funds are made after consultation with the donors. Consultation is advisory only; the board must retain legal authority over all distributions.

These funds have benefited many charitable causes of their donors. These funds allow the donors to provide for their favorite charities without any hassles. Not only can ECF do the paperwork for the donors but also they can assist donors with what the community needs may be at that time. If the donor is aware of exactly what they want, then ECF supports the donor in any way possible.

Donor Advised Funds are a wonderful vehicle for tax deductions as well as being extremely efficient for a donor's philanthropy. For example, if a donor contributes $5,000 and establishes a donor advised fund, then that fund is available to the donor from that moment forward. The donor can then make grant recommendations to their favorite charities. The $5,000 is tax deductible immediately and the gifts from the fund may be spread out over any period of time. This allows for the maximum benefits to the donor.

Donor Advised Funds require a minimum of $10,000 or the intent to reach $10,000 within a year or so. Once the initial contribution has been made, a family, business, or individual may begin a Donor Advised Fund. If you have an interest in learning more about Donor Advised Funds and how they can help you make a difference in the community, contact Ken Calhoun at 342-9304.