1. Easy to establish and use
It takes only minutes to open a fund at CFT, and you get the full benefit of your charitable contribution when the fund is established.
Add to your fund and recommend grants through our online portal at any time.
2. Give a variety of assets
CFT accepts many assets including cash, stock and real estate. Plus, you leverage tax deductions and eliminate capital gains taxes when gifting appreciated assets. The proceeds from these gifts are invested for tax-free growth.
3. “Bunching” is easier
“Bunching” allows you to contribute multiple years’ worth of charitable giving in a single year and receive an immediate tax deduction to surpass the itemization threshold, while continuing to give to the organizations you care about in a consistent way.
4. Engage generations
Name your children or grandchildren as advisors to the fund and make giving decisions together as a family, passing on your values and philanthropy.
5. Partner with a local expert
CFT has extensive knowledge of thousands of nonprofits and is committed to making a difference in our community.
6. No required grant timeline
Make a gift today and then recommend grants over time. A donor-advised fund at CFT also offers flexibility when unique tax events arise.
7. Give anonymously
When you give through your donor-advised fund, you may choose to remain anonymous on any particular grant or all grants.
8. Leave a legacy
Utilize a donor-advised fund similarly to a private family foundation. We can help you build plans for involving family, or create a succession plan. You can provide direction to CFT to support your favorite causes on your behalf, ensuring evolving community needs will continue to be addressed well beyond your lifetime.
9. One tax receipt
When you give annually to your donor-advised fund, it’s one tax receipt for your records. You can then make grants to as many beneficiaries as you would like without having to keep up with the paperwork.
10. Automate your giving
When you give through a donor-advised fund at CFT, you may choose to automate your recurring giving by scheduling grants monthly, quarterly or annually.
