Donor advised funds (DAFs) are a powerful tool for people who care about giving back to their community and favorite charities. These funds offer donors flexibility, financial benefits, and the opportunity to meet your charitable goals. While many institutions offer DAFs, where you choose to house your DAF can greatly impact your effectiveness as a donor.
Community foundations are uniquely positioned to amplify the impact of philanthropy within a specific region. Unlike other providers, which may offer minimal philanthropic services to donors, community foundations are rooted in a mission to serve the local community’s needs and center their energy in supporting donors.
So, you might be asking, what does the experience of a fundholder at ACF look like?
- Local expertise. ACF has a deeper understanding of the challenges and opportunities in Central Texas. We work closely with nonprofits, community leaders, and stakeholders to identify pressing issues and develop effective solutions. By partnering with ACF, you gain access to this wealth of knowledge and network, ensuring that your philanthropic efforts are targeted and impactful.
- Greater community impact. When you transfer your DAF to ACF, you become part of a network of donors who share a common goal: to create positive change where it’s needed most. This approach creates opportunities for greater, more strategic investments through a variety of programs developed to support donors, including collective giving and impact investing options.
ACF offers one-on-one philanthropic advising, as well as group learning sessions by request. We’ll work with you to meet your unique needs.
- Tailored philanthropic solutions. One size does not fit all when it comes to philanthropy. ACF recognizes each donor has unique passions, values, and goals. We offer personalized services to help you craft a giving strategy that reflects your priorities and preferences. From a novice donor all the way through planning a legacy beyond your lifetime, ACF is here to support you at every step of the way.
- Fees that support your community. Donors who partner with ACF invest in the long-term sustainability of Central Texas. Like any institution, we assess a fee to manage your DAF. Unlike other institutions, fees at ACF are reinvested into the community and support our ability to develop innovative solutions to the challenges we face here in Central Texas.
- Donate complex assets. ACF works with donors of all types and can accept a variety of complex, illiquid assets. Our knowledgeable team can quickly vet an opportunity to help you maximize a situation, which ultimately means more resources to support nonprofits near and far.
Converting your DAF from another provider to Austin Community Foundation is a strategic decision that can amplify your philanthropic impact and strengthen your ties to the community. And it’s as simple as making a grant to ACF. By choosing ACF as your trusted partner in philanthropy, you can leverage local expertise, maximize community impact, and create lasting change for the causes you care about most.
Want to learn more? Contact me today at ranthony@austincf.org or (512) 220-1197.
Rebekah Anthony is the Director of Donor Relations at Austin Community Foundation.