Financial Services

Getting to Know Donor-Advised Funds
August 20, 2019 at 12:44 pm

Donor-advised funds are vital tools for donors. That’s especially true of those who are mid-range or major donors. Of course, that depends on the size and budget of the charity where they donate. It can take as little as $5,000 to open a donor-advised fund at Fidelity Charitable. Other companies, like Vanguard, open one for $25,000.

You Can Make Recurring Gifts From Your Donor-Advised Fund
August 19, 2019 at 12:01 pm

Just like donor-advised funds are growing, I foresee that recurring gifts from DAFs will grow as well. It’s yet another way for donors to support your organization on an ongoing basis. And the gifts are certainly nothing to sneeze at!

When and How Do You Record Monthly Gifts Financially?
July 29, 2019 at 11:45 am

This question also came up at the recent sustainer workshop, and I know it’s something people struggle with, especially when you talk with your treasurers or finance folks. Monthly gifts are different from the major gift pledges most organizations are used to.