Donor Advised Dynamic Funds offer an affordable alternative to private family foundations, providing a simple, streamlined option for individuals and families who want flexibility in their giving.  The gift minimum is $10,000.

Through a Donor Advised Dynamic Fund at the LCF, donors have a charitable solution that goes beyond the gift fund offerings of Fidelity, Schwab, Vanguard and others.

A dynamic fund at the LCF provides donors with a simple way to direct charitable giving over time while receiving an immediate tax deduction for their charitable gifts. Donors can recommend grants to a variety of charities at any time and in any amount, remaining anonymous to some or all of the charities if that is their wish. 

Target Audience

• Clients seeking an immediate charitable tax deduction and the flexibility to direct giving to a variety of charities over time.
• Individuals and families seeking an affordable alternative to private family foundations.
• Clients wishing to promote family philanthropy, with an opportunity to name successor advisors such as children, grandchildren, siblings or friends. (Upon the death of living advisors, donors can name specific charities or causes to continue receiving grants in perpetuity.)
• Individuals from 30 to 85 have created donor advised funds at the LCF, as have families with multiple generations participating in grant decisions.
• Individuals/families who already have private foundations and want to reduce the administrative burdens.

Tax and Financial Benefits of Creating a Donor Advised Dynamic Fund

• A Donor Advised Dynamic Fund can be established with $10,000 or more using direct gifts of cash, publicly traded securities, real estate and/or closely held stock.
• The donor receives a charitable income tax deduction in the year of the gift.
  For gifts of cash, the annual deduction limit is 50% of the donor’s AGI.
• For gifts of long-term appreciated securities and real estate, the annual deduction limit is 30% of the donor’s AGI.
• Unused charitable deductions may be carried over an additional 5 years.
• Donors, family members and friends can also make additional outright and deferred gifts to the fund over time.

Benefits to you, the Professional Advisor

LCF will support you with a full range of charitable products and services, and you'll be compensated for your efforts by Thrivent or American Funds. (details)

How to Establish a Donor Advised Dynamic Fund at the LCF

• Complete and return the "How to Establish Your Charitable Fund" Fund Workbook and send it to the LCF.

• The LCF drafts a Fund Agreement based on charitable requests made by the donor, and sends it to the donor for signing. The financial representative also receives a copy.

• If the client wishes to give stock, include copies of either the stock certificates or the most recent brokerage statement. LCF will contact you with specific instructions on how to transfer the stock.

• The signed Fund Agreement is returned to the LCF along with the charitable gift of $10,000 or more.
  

Resources to Support Your Work

• Your Partner in Giving Brochure
• Ways to Give: Assets, Tools and Charitable Funds booklet
• Fund Workbook: How to Establish Your Charitable Fund
• Your Plan for Giving workbook
• Request Materials

For more information about donor advised dynamic funds and other giving options available through the LCF, please call 800/365-4172.