Starting a donor advised fund is easy. First you make a contribution of cash or other assets with a fair market value, then you recommend how and when those funds are distributed to your favorite charities.1
There are good reasons why donor advised funds have been growing in popularity. The versatility, convenience and potential tax advantages make it an attractive choice for individuals, families and organizations to give.
Who could have known when Mary Oyer started playing cello in sixth grade that it would help her generously support causes dear to her heart when she was in her 90s?
Three options allow you to select the right donor advised level, which can allow you to make the most of this opportunity and find the right fit in your financial life.
Unsure which option makes the most sense for you? We can help. Talk to a representative or find an Everence office that serves you, to see how setting up an account can fit in your overall financial plan and goals.
Setting up a donor advised fund was "...a very smooth process. I can't imagine it going better than it did."
Everence member and retired Goshen College professor
You can recommend a distribution by accessing your account online.
You may also use the distribution recommendation form and send it by email, postal mail or by fax. When sending distribution recommendations by fax or email, please include:
Everence Charitable Services is administered by Mennonite Foundation and/or Everence Trust Company, affiliates of Everence.
1Assets contributed to the donor advised fund become the property of Mennonite Foundation (an affiliate of Everence), and the donor retains no legal control over the gift. Instead, the donor is entitled to give non-binding advice to the foundation about the distribution of the funds.
2The impact investing option requires an additional $100 set-up fee.