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© 2013 Greater Everett Community Foundation
2823 Rockefeller Avenue, Everett - Mailing address: PO Box 5549, Everett, WA 98206
(425) 212-4056 - FAX: (425) 212-4059
Donor Advised Funds for Families
Helping your family build a tradition of giving.Opening a Donor Advised Fund allows your family to make a gift to your Community Foundation, then remain actively involved in suggesting uses for your gift.
How it works:
Earnings from your fund are used to make grants addressing community needs. Your gift — and all future earnings from your gift — is a permanent source of community capital, helping to do good work forever.
By working through your Community Foundation, you can choose to combine your gift with others to increase the impact in areas your family cares about most. Gifts typically qualify for maximum tax benefit, and you take advantage of the expertise of our professional program staff and investment managers. Your family can establish a fund today and make grant recommendations now or in the future.
Sharing Family Values
“We wanted to share our community values with our children and share our family values with our community,” says Sara Lin, explaining why she and her husband Peter established the Lin Donor Advised Fund at their local community foundation. Every year, the Lins and their children meet with community foundation staff to recommend uses of the fund. Two years ago, they recommended that it be used to help start an inner-city daycare center. Last year, the fund helped expand the hours of this center, in addition to supporting an area arts camp. “We look forward to a day when we might involve our children’s children in giving back,” says Sara.