Private Foundation or Donor-Advised Fund?
Featured Fund
Alison J. and Ella W. Parsons Fund
"There was a sense that our board members were getting a bit old to remain in the role of having primary responsibility for the foundation." - Attorney Robert C. Nusbaum on converting the Parsons Foundation to a donor-advised fund.
If you have a private foundation or are thinking of starting one, you may want to consider a donor-advised fund at the Hampton Roads Community Foundation. As a donor advisor you will enjoy the fun of recommending grants to nonprofits while avoiding the hassle of running your own foundation. We offer four different types of these active philanthropy funds.
The chart below compares basic differences between a donor-advised fund and a private foundation.
