Donor-Advised Funds vs. Private Foundations

When compared to a private foundation, a donor-advised fund at the Community Foundation is a smart way to achieve your philanthropic goals with greater tax advantages, fewer administrative hassles, more cost savings and a highly comparable level of grantmaking flexibility.

Private foundations that transfer assets here enjoy immediate excise tax relief, freedom from reporting requirements and lower administrative costs.

This often means that more of the foundation’s assets can be used for charitable purposes.

Here's an easy-to-use chart to help you get started.