Investment Options

A better way to give

A donor-advised fund (DAF) is a philanthropic tool established by individuals, families and businesses at a public charity like Community First Foundation. The fund is expertly managed and can streamline giving by serving as a single funding source. With a DAF, donors receive immediate tax benefits after making contributions to the fund, but can support nonprofits at their convenience, over time. DAFs are a great option for people who want convenience, personal support and engaged giving.

How do Donor Advised Funds work?

Individuals, families and businesses can create donor-advised funds at Community First Foundation with an initial contribution of only $5,000. The contribution can be in the form of cash, securities, closely-held stock or more complex assets. Funds are invested, carefully managed and grow tax-free.

You also receive an immediate tax benefit every time you make a contribution to the fund. Then, when you are ready to support your favorite causes and nonprofits, you do so by making grant recommendations.

Community First Foundation’s deep knowledge of community needs and local nonprofits can help you with this step. You may designate additional people, like family members, to be advisors to the fund and enjoy making grant recommendations, too.

Community First Foundation is responsible for administration and oversight of the fund, including verifying charities’ 501(c)(3) status, final grant approval and distribution of funds.

Outside Donor Advised Funds

We make it easy for donor-advised funds (DAFs) to maximize their giving throughout Colorado by participating in Community First Foundation’s DAF Giving Card Program and ColoradoGives.org. This program offers a great way for your DAFs to make a single distribution using a DAF Giving Card, direct those dollars to as many of over 3,300 Colorado-based nonprofit organizations participating on ColoradoGives.org as they would like to support. And because the minimum gift amount on ColoradoGives.org is $5,  your donors are not bound by typical DAF grant distribution minimum requirements. We hope that your organization finds this to be an exciting and convenient way to promote giving in Colorado.

Opening a Donor Advised Fund _______

Numerous charitable gifts throughout the year.

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