Design Standards

A donor-advised fund (DAF) are ideal to keep you actively involved in giving back. It is perfect for the charitable individual or family who wants to give but not be bogged down with paperwork and bureaucracy.

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Benefits of creating a DAF (H2)

With a contribution of $25,000 or more, you can create a charitable fund that enables you to:

• Receive the maximum charitable deduction for your entire donation for the year you contribute. But you and your successors can then recommend grants for years. And, you can add to your fund at any time.
• Recommend grants to nonprofit organizations in Hampton Roads or anywhere in the United States.
• Explore giving opportunities with free research by our staff or site visits to nonprofits.
• 24-hour secure, online access for recommending grants, checking fund balances, reviewing past grants, reading investment returns and more through Fund Xpress.
• Name successor advisors.
• Leave a lasting legacy in your name that benefits Hampton Roads when there are no more advisors.

You have four options when opening a Donor-advised Fund

1. Endowed
An endowed fund allows you and one additional generation of successor advisors recommend grants. Your fund is invested to grow over time while enabling you to recommend annual grants to nonprofits. When you first establish your donor-advised fund, you choose which kind it will become at the end of the advising period, such as unrestricted, scholarship or field of interest. Read more about the benefits of endowment.

2. Current use
A current-use fund lets you will make one charitable gift to the Community Foundation and then recommend grants until you spend the balance of your fund. This is not considered an endowed fund since you can distribute the entire balance. (Note: Initial charitable contribution is $50,000 or more.)

3. Quasi-endowed
A flexible but permanent fund allows you to recommend grants to nonprofits, but your fund must maintain a minimum balance of at least $50,000. Your successor advisors have the same opportunity. When the advising period ends, your fund becomes a permanent fund with the purpose you specified. (As with a Current use fund, the initial charitable gift is $50,000 or more.)

4. Customized fund
Don't see what you want? We can work together to customize a donor-advised fund for you. (The initial charitable contribution is $2 million or more.)

More about DAFs
Looking for more information? Download our one-page flier about donor-advised funds.

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Button Style

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CSS Classes

• imageleft - Aligns an image to the left side of the content area. Content will wrap around the image.
• imageright - Aligns an image to the right side of the content area. Content will wrap around the image.
• captionleft - Should be applied to a table containing an image and caption text. This class aligns the table to the left side of the content area and changes the color of the caption text. Content will wrap around the table.
• captionright - Should be applied to a table containing an image and caption text. This class aligns the table to the right side of the content area and changes the color of the caption text. Content will wrap around the table.
• largetext - Makes text larger.
• attribution - Makes the quote attribution smaller when in the quote container.
• date - Makes text smaller and uppercase.
• button - Makes a link look like a button.
• arrowLink - Adds an arrow icon to a link.
• table - Apply to a data table to make it responsive. The table must have a header row at the top, all headers must be filled in and there cannot be any cells that span multiple rows or columns.
• layoutTable - Apply to a layout table to make it responsive.
• noresize - Apply to an image that should not resize with the browser. Please to not apply to any image greater than 200px in width.
• red - Makes text red. Used only for production notes.

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