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Comparing Fund Options

 

Richmond Community Foundation
Donor Advised Fund

Commercial Financial Institution
Donor Advised Fund

Private Foundation

Philanthropic Services

Establish Strategic Giving Plan

Donor Education & Consultation

Grants Management

Strategies for Family Involvement and Leadership Transition

All provided. Varies. Most do not offer personalized advice on the selection of grantees. Must be arranged and paid for by the private foundation.

Income Tax Deductions     % Limitations on Adjusted Gross Income

Cash Gifts Up to 50% of adjusted gross income Up to 50% of adjusted gross income Up to 30% of adjusted gross income
Publicly-traded securities Fair market value up to 30% of adjusted gross income. Fair market value up to 30% of adjusted gross income. Fair market value up to 20% of adjusted gross income.
Real estate, closely-held securities Fair market value up to 30% of adjusted gross income. Fair market value up to 30% of adjusted gross income. Deductible at cost basis up to 20% of adjusted gross income.

Administration, Taxes and Fees

Set Up Costs None None Varies
Annual Administrative Expense Up to 2% Varies Usually 2-4%
Separate Tax Return Required No No Yes
5% Annual Distribution Required No Varies Yes
Excise Tax on Investment Income No No Yes
Anonymity Option Available Yes Yes No
Minimum contribution $10,000 Varies, usually $5,000 - $25,000 None, but smaller private foundations may not be cost-effective.

Note: Tax laws are subject to change; please review the tax effect of any charitable gift with your tax advisor.

Contact Us

Address:
1014 Florida Ave, Ste 200
Richmond, CA 94804

Send us an email

Telephone:
(510) 234-1200

Fax:
(510) 234-3399