GRAYS HARBOR COMMUNITY FOUNDATION

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DONOR ADVISED FUNDS

Give to an Existing Fund
Establish a New Fund
The Fund for Grays Harbor
Arts & Culture Fund
Youth & Families Fund
Unrestricted Funds
Area of Interest Funds
Designated Funds
Donor Advised Funds
Scholarship Funds

 

A donor advised fund offers interested donors an easy and affordable way to simplify their charitable giving, become more involved in local philanthropy, and not incur unnecessary expenses in the process.

Many donors consider donor advised funds an attractive alternative to establishing a separate private foundation.  Donor advised funds at a local community foundation make sense for a variety of reasons:  from being connected to the local nonprofit community and receiving personal, local service, to receiving greater tax benefits and discovering more local giving opportunities than they might find on their own. 

For a complete comparison of donor advised funds and private foundations, click here.

HOW IT WORKS

 

Many donors choose to create a donor advised fund to "test the waters" with their local community foundation.  It is an easy way to learn more about how a community foundation helps donors become more involved in local philanthropy.

 

A donor advised fund allows donors to receive immediately a full charitable tax deduction for their initial contribution.  Once the fund is established, a donor may periodically recommend grant recipients.  Our board of directors must approve these grant recommendations, but ordinarily will do so without difficulty, as long as the recommendations are confirmed to be truly charitable organizations.

 

We periodically inform donor advisors of giving opportunities available through our community grants program.  This two-way street allows local nonprofits to connect with a wider audience of potential donors, and it allows local donors to learn more about local needs they might not discover on their own.

 

All grants processing, check cutting, investment monitoring, and communications are handled by the board and staff of the Grays Harbor Community Foundation. 

 

To learn more about using a donor advised fund to accomplish your charitable and financial goals, please contact us.

 

 

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Grays Harbor Community Foundation is a tax-exempt public charity dedicated to serving the broad needs of Grays Harbor County in Washington State.  We are a member of the Council on Foundations;  we are audited annually; and we consider ourselves accountable to the public upon whom we depend for support.

We thank Darrell Westmoreland, Kevin Hong, Ellen Pickell, and the Polson Museum for providing the photographs used in this website.  We'd like to showcase the work of more local photographers and artists on this website and in our publications.  Please contact us if you'd like to help. 

Mail:        707 J Street  |  P.O. Box 615  |  Hoquiam, WA  98550
Email:      info@gh-cf.org
Phone:     360.532.1600
Fax:         360.532.8111
Last modified: 10/19/2009