The power of giving……Simplified.
Donor Advised Funds are a very efficient charitable gift planning tool, available to anyone looking to
make and distribute a major gift or create a legacy of charitable giving that will last for generations. Do-
nor advised funds can function very much like a private foundation without the costs, restrictions and
administrative challenges of a private foundation.
Donor advised funds give the donor the opportunity to contribute to a fund, and later designate the
charities which will benefit from it.
Donors wishing to set aside funds to support their favourite charities may determine whether the capital
of the Fund is to be retained for a specific length of time or in perpetuity, or determine that the funds will
be distributed over a period of time as they direct.
If the donor decides that the capital of the funds is to be held for a period of years or in perpetuity, the
Fund is called a Donor Advised Endowment fund. In this case the capital is retained and only the earn-
ings are distributed to designated charities.
Alternatively, the donor may wish the capital to be distributed over a period of time; this Fund would be
a Donor Advised Gift Fund. In this case the donor may then make recommendations for distribution of
gifts at a later date. The distribution of interest as well as capital over these years is also possible.
A CSS Donor Advised Fund (Also known as Designated Gift Funds) offers:
Flexibility: An effective giving mechanism combining immediate tax benefits with the ability to sup-
port your favourite charities on a flexible timetable.
Privacy: A CSS Donor Advised Fund ensures confidentiality and privacy.
eFFiciency: No “start up costs”. The Fund is assessed an annual fee for the administration and invest-
ment management of the funds. The fee is based on the size of the fund, and is pegged at 1% for funds
under $1million. CSS