Donor Advised Funds allow donors to work closely and actively with the Community Foundation in selecting charitable recipients. Donors, or their representatives, recommend grants or distributions. The recommendations are advisory and the Community Foundation’s governing body has legal control over all distributions. The fund contract can specify a second generation adviser. The Community Foundation offers two versions of the Donor Advised fund type. The most popular version is the Endowed fund type and the Community Foundation also has a Spend-down fund type. 

Basic Services
In addition to investing and distributing your funds, we offer a variety of basic services to the donors that partner with us.

• 24/7 Access to your secure and private online Donor Dashboard, which provides monthly fund statements; ability to make grant recommendations directly from your fund; ability to schedule future distribution recommendations from the fund; granting decisions are archived to inform future grant making recommendations by the Adviser or the Community Foundation; and the ability to make online gifts to the fund.
• Donors receive vetted grant applications for grant making consideration, known as Local Granting Opportunities. (Only for funds that meet minimum balance requirements.)
• The Community Foundation performs due diligence for new grantees and on-going due diligence.
• Adviser can make grant recommendations via email or phone.
• The Community Foundation streamlines the granting; issuing the check – acknowledgement letter – tax letter.
• The Community Foundation researches and publishes reports to help Advisers know about community non-profit sector and community issues.
• Professional investment management in diversified asset allocation models is provided for the fund. Three distinct asset allocation models are offered.
• The Community Foundation can accept securities and unusual gifts as assets for the Funds.
• Advisers receive a newsletter about issues related to philanthropy.
• Advisers have access to staff knowledge to assist with grant making decisions.

Additional services are available on a case-by-case basis.

Our Investment Practices
All funds are pooled with the charitable resources of over 500 other families, businesses, and non-profit organizations. Pooling funds provides a greater potential for better returns at a lower cost. These assets, currently valued at more than $65.0 million, are spread over a broad group of investment classes to ensure a balanced portfolio.  

Basic Fee Services
The administrative or management fee for all services is currently 0.90% annually based on the following fund balances:  

• First $2,500,000:  0.90%
• Next $1,500,000:  0.70%
• Next $1,000,000:  0.60%
• Remaining balance:  0.50%
• $10,000 minimum balance required for Endowed fund type.
• Administrative fees are assessed monthly based on the average daily fund balance.  (Minimum of $225.00 annually.)

Next Steps
Set up a time to speak with us about your needs. Contact President & CEO David Pamperin by phone at 920.432.0800 or by email at davidpamperin@ggbcf.org.