Is This Gift Right for You?

For donors who want to stay involved in advising on the use of their gifts, a donor advised fund offers participation without being as restrictive or as expensive to operate as a private foundation. Review this checklist to help you further determine whether this way to give works well for you.

Question MarkWhat Fees Should You Expect?
A donor advised fund typically charges a 1 percent annual administration fee. Others charge an annual fee, such as $25, plus a fee for each transaction, such as $5.

Profile of a Giver

  • You like the idea of a private foundation but prefer to defer the investment and administrative decisions to someone else and to simplify your tax filings.
  • You want to take advantage of greater tax benefits for your philanthropy.
  • You want to avoid the ongoing expense and management of a private foundation.

We Can Help

Contact Laurie Dietrich at 507-933-6043 or with any questions about establishing a donor advised fund. We're happy to help, without obligation.

Your Next Steps
Getting Started | Is This Gift Right for You? | How to Complete Your Gift