We received our first donor-advised fund; a simple, tax-smart investment account
for charitable giving.
Large endowed gifts are often named for a donor's family or in memory of a loved one. A donor-advised fund within a community foundation, allows the donor to
enjoy the benefits of a private foundation
and avoid many of the downsides. Each endowed fund is pooled with other investments, then invested together to ensure the highest rate of return possible. The Dufferin Community Foundation manages the annual distribution to the requested charities, as outlined by the donor in the initial fund agreement.
“
Opening the Greenwood Family Fund within the Dufferin Community Foundation allows us to directly support Dufferin County charities close to our heart – for the long term. We know that our donation will enhance the quality of life of where we live, work and play for future generations”
Amie Zukowski
the Greenwood family