Donor Designated Funds (DDFs) are a convenient way to benefit specific programs or charities with one single fund. As the donor, you contribute assets to start the fund and designate the organization(s) that will receive a grant from the fund every year.
DDFs are a wonderful way to support several organizations at once. You select the organization(s) and the percentage of the available grantmaking dollars each organization should receive. These selections may be changed by the original donors if necessary. If the fund is endowed, these organizations will receive this percentage in perpetuity.