Ways to Give
Donor Advised Funds
Donor advised funds (DAFs) are charitable accounts that allow you to make grant recommendations to your favorite nonprofit organizations.
How does it work?
Contributions are tax-deductible in the year the donor transfers money into the donor advised funds. Grants can be recommended from the fund by the donor, or person designated by the donor, at any time.
1. Give
Make an irrevocable tax-deductible donation to open your donor advised fund.
2. Grow
Endowed funds will be invested and may grow over time. Contribute to your fund anytime.
3. Grant
Benefit from the community of expertise at WFM. Recommend grant to the qualified nonprofit of your choice.
Tax Benefits of a Donor Advised Fund
Contributions to a donor advised fund are tax-deductible in the year they are made, and there are no legal costs to establish your fund. In addition, donations receive the most favorable tax treatment because the Women’s Foundation is a public charity. Giving long-term appreciated securities, privately held business interests, or other long-term, appreciated assets can generate larger tax benefits for you than giving cash. And, there is no required payout, so you can make thoughtful grants at your convenience.
Maximize Tax Benefits & More
- Build your philanthropic wealth over time.
- Invest in causes with flexibility, according to a budget that feels comfortable to you.
- Discover and engage with emerging nonprofits that connect with your passions.
- Take advantage of tax laws and maximize tax benefits by combining multiple years of donations into one large donation every five years.
Interested in Learning More?
If you have questions or are looking for more information, please contact Polina Montes de Oca, Senior Advancement & Planned Giving Officer, at polina@wfmn.org or 612.236.1834.
How We’re Different
Support the Causes You Care About
When you choose the Women’s Foundation for your donor advised fund you can support the causes you care about, as well as our mission to invest in gender and racial justice.
We make it easy and flexible. A donor advised fund can simplify your giving. You can be assured the charities you select meet our high standards and thorough review, allowing you peace of mind.
Your investment impacts communities statewide. Endowed donor advised funds of $25,000 and more are commingled with the WFM endowment to infuse additional capital into communities statewide through Program Related Investments (PRI). Since 2011, WFM’s more than $1 million in PRI investments have generated more than $10 million in mission-aligned lending capital to organizations and women-owned businesses.
Looking to manage your fund?
If you have a donor advised fund with the Women’s Foundation of Minnesota, log into your account and make grants recommendations anytime.
Donor Advised Fund Fees
Fees are payable on a monthly basis and based on the fund’s market value as of the previous month-end. The Administrative Fee is charged to all funds. The Investment Fee is charged to endowed funds only.
| Fund Size | Admin Fee | Investment Fee | Total Fee |
|---|---|---|---|
| $5,000 – $999,999 (Minimum Fee $250) | 1% | 0.66% | 1.66% |
| $1 – 2.4 Million | 0.70% | 0.66% | 1.36% |
| $2.5+ Million | 0.35% | 0.66% | 1.01% |
Have Questions?
If you have questions or are looking for more information, please contact Polina Montes de Oca, Senior Advancement & Planned Giving Officer, at polina@wfmn.org or 612.236.1834.