Donor Advised Fund

Donor Advised Funds

Impact Today, Leave a Legacy for Tomorrow

Donor Advised Funds are great tools for giving. WYCF can help you establish a fund that fits your giving needs.

Endowed funds ensure the causes you love will be cared for far into the future.

Pass-through funds allow you to address immediate needs in your community.

Give To Causes You Are Passionate About

WYCF knows Wyoming nonprofits. We’ll work with you to make gifts to the charities you already love and can introduce you to charities that align with your giving wishes.

Trust in Our Expertise

With over 25 years’ experience we make giving easy. Our due-diligence means nonprofits receiving grants from your fund have been thoroughly vetted.

We have the know-how to set up a Donor Advised Fund with gifts of cash, but can also accept less traditional gifts to establish your fund.

Accountability

Our board of director is comprised of community-minded individuals like you, working to improve Wyoming.

WYCF hires an unaffiliated organization to conduct our annual audit and file our Form 990. This guarantees that WYCF’s finances are transparent.

WYCF Donor Advised Fund vs. Private Foundation

	WYCF Donor Advised Fund	Private Foundation
Description	Donors establish a fund to support philanthropic interests of their choice, and are welcome to actively participate to the extent they wish.	For donors who want extensive control over grantmaking, investments, and board selection. Must apply for private foundation tax exempt status from IRS.
Donor Role	Recommends grants to favorite charitable causes for WYCF approval.	Donor retains complete control over investments, grantmaking and board selections, limited to IRS requirements.
Tax Deductions for Cash Gifts (FMV)	50% of adjusted gross income in any one year.	30% of adjusted gross income in any one year.
Tax Deductions for Gifts of Long-Term Capital Gain Property (FMV)	30% of adjusted gross income in any one year.	20% of adjusted gross income in any one year.
Annual Costs	< 2% annually. Minimum initial gift of $10,000.	Must contract/hire and oversee legal, accounting, and program-related staff and expenses.
Minimum Annual Payout Requirements	None.	Required payout for charitable purposes is minimum of 5% of asset value.
Investment Flexibility	DAFs are invested with other WYCF-researched and invested funds.	Private foundation must establish, research and manage own investment vehicles.
Administration & Operations	All services provided by WYCF.	Must hire personnel, establish board and manage accounting, operations, grant and gift processing.
Excise Taxes & Filings	No excise taxes. No filing required.	Excise taxes are 1-2% of net investment income. Must be filed as a private foundation.
Fiduciary Responsibility	WYCF fulfills fiduciary responsibilities.	Private foundation assumes full fiduciary responsibility. Must develop own compliance policies.
Liability & Risk Insurance (Including D&O)	WYCF covers liability and risk.	Purchased by the private foundation.