Donor Advised Fund
Establishing a Donor Advised Fund is simple. A gift of cash or other assets is made to the Richmond Community Foundation and the money is held in a fund named by the donor, such as the “Thompson Family Fund” or “Hope Fund.” The donor can recommend grants to charities from the fund at any time. Final approval of grants rests with the Richmond Community Foundation’s Board of Directors. Many donors use their Donor Advised Fund to make contributions to the charitable organizations that they normally would write checks to each year. Others use the Richmond Community Foundation’s expertise and community knowledge to help plan or expand their grant making. You can establish a fund today and make grant recommendations now or in the future. Grant requests from a Donor Advised Fund may be made at any time online or with Foundation’s staff assistance.
We take care of all the paperwork and required reporting. Grant awards are made in the name of the fund, unless you request anonymity.
To view the Donor Advised Fund overview, please click here.
To view the Donor Advised Fund worksheet, please click here.
To view a sample Donor Advised Fund agreement, please click here.
To view a sample Donor Advised Endowed Fund agreement, please click here.
To view the Grant Recommendation Form, please click here.