5. Donor Advised Funds Cash gifts, deduct 50% AGI 30% AGI Deduct 30% AGI on 20% AGI – basis only after appreciated property 6/30/98 Minimal administrative fees Costly administrative fees No minimum payout 5% minimum payout Grantmaking advice On their own Comparing the differences Donor Advised Fund Private Foundation
6. Charitable Instruments A variety of giving methods Outright Gifts Give cash, stocks, or other assets Bequests Designate a portion of a client’s estate Gift Annuity Annuity contract pays client for life and charitable fund commences grants upon death Charitable Lead Trust Trust pays the Community Foundation a fixed amount for a number of years and then assets go to beneficiary Charitable Remainder Trust Trust pays beneficiary for life and then assets transfer to Community Foundation
20. Recommend charity without recommending a charity Talk to your clients about giving For good. For ever. 70 W 8 th Street, Ste 100 Holland, MI 49423 616-396-6590 www.cfhz.org
21. Do you have clients located throughout the state? There are 65 community foundations serving donors in every county in Michigan
Editor's Notes
Now that we have introduced you to our community foundation, I’d like to go into a little more detail about our tools for giving that can help your clients achieve their charitable goals. [click]
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