Open a donor advised fund account

The features of your account vary based on the minimum balance you plan to keep in your fund. Please select a level that best fits your needs. Custom components and arrangements available for funds of $500,000 or more.

  1. Personal information
  2. Investment options
  3. Funds
  4. Charities
  5. Allocations
  6. Agreement
  7. Review
  8. Confirmation
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  • Steward

    $1,000

    Minimum average monthly balance

    Select Steward Read more
    Minimum initial contribution
    $1,000 (or $100 per month)
    Minimum balance fee
    $25 annually if balance is below $1,000
    Maximum number of distributions
    Nine per quarter
    ($15 fee per distribution if exceeded)
    Minimum activity fee
    $25 annually if fund is dormant for three or more years
    Reporting
    Yearly electronic or paper statements for balances above $5,000. For balances of $4,999 or less, yearly electronic statements only (or $10 for paper statements)
    Income (earnings on balance)
    None
    Investment options

    None

    Investment advisory fee
    None
  • Patron

    $10,000

    Minimum average monthly balance

    Select Patron Read more
    Minimum initial contribution
    $10,000
    Minimum balance fee
    None
    Maximum number of distributions
    15 per quarter
    ($15 fee per distribution if exceeded)
    Minimum activity fee
    None
    Reporting
    Quarterly electronic or paper statements
    Income (earnings on balance)
    Yes
    Investment options
    Yes, within two options: Investment portfolios and community investing
    Investment advisory fee
    1.5% annually (charged quarterly)
  • Philanthropist

    $30,000

    Minimum average monthly balance

    Select Philanthropist Read more
    Minimum initial contribution
    $30,000
    Minimum balance fee
    None
    Maximum number of distributions
    Unlimited
    Minimum activity fee
    None
    Reporting
    Quarterly electronic or paper statements
    Income (earnings on balance)
    Yes
    Investment options1
    Yes, within three options:
    investment portfolios, community investing and impact investing
    Investment advisory fee1
    1.5% annually (charged quarterly)

Personal information

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  1. This will be *
  2. Phone preference *

Second Donor

  1. Phone preference *

Additional joint account owners

* Denotes required fields

Investment options

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If you are interested in participating in the donor advised fund community investing or impact investing options, please contact a representative.

An investment option is unavailable for the Steward level.

Funds

Please select how you would like to initially fund your account.  
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      Check image

    * Denotes required field

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Charities

Please select – often referred to as designate – the charities that you would like to direct funds to. In the next step, "Allocations," you’ll enter the percentage you want your charities to receive.

If you don’t see a charity listed, please contact a representative to make that request. And remember, you can update your designated charities at any time.

A note about distribution of remaining assets

The assets left over in your account after you pass away may be distributed to any church or charitable organizations approved by Mennonite Foundation.

Search for charities

Enter the name, city and/or state of the charity you would like to add to your selected charities:


    Allocations

    Please specify the percentage of assets – that are remaining in your account at time of death – that you recommend be distributed to the selected charities. 

    You may also indicate and authorize Mennonite Foundation to notify the organizations of your commitment.

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    Percent Charitable organization Should Mennonite Foundation notify?
    %
    Allocation of assets must equal 100%
    My spouse may change these recommendations upon my death

    Authorization

    Memorandum of understanding

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    I (we), (“the donor”) have made a contribution to Mennonite Foundation, 1110 N. Main St., P.O. Box 483, Goshen, IN 46527, (“the Foundation”), for use by the Foundation in the donor advised fund program operated by the Foundation.

    The donor and the Foundation agree to the following:

    1. The Foundation will establish a donor advised fund in the name of the donor, to which the donor may add at any time, and from which contributions may be made by the Foundation to charitable organizations.

    2. The donor may advise the Foundation as to the identity of possible distributees, the possible timing and amounts of distributions, and provide comments on investments. The Foundation may, but is not required to, follow such advice. A distribution from the donor advised fund may not be used to satisfy a legally binding pledge. The relief of that obligation will provide the donor to the donor advised fund with an impermissible benefit under IRS rules.

    3. The donor retains no legal power to direct the timing or amounts of distributions, the power to require that distributions be made to certain distributees, or the power to direct investments of the donor advised fund.

    4. The Foundation has complete legal ownership and control with respect to contributions, may commingle the donor’s contributions with those of other donors, and has complete investment power with respect to contributions. The donor has no equitable interest in the contributions or the donor advised fund.

    5. Distributions from the donor’s donor advised fund will be made to organizations that qualify under the Foundation’s “Guidelines for Responsible Giving” as updated from time to time, are described in Section 170(c), 2055 and 2522 of the Internal Revenue Code, and that qualify as 50 percent limit donees under Section 170(b) (1) (A) of the Code.

    Review

    Please review this information to make sure it’s accurate before completing the application. 

    Once you submit it, you will receive a confirmation in the email address you provided. 

    If you funded your account through a bank account, the actual transfer of funds will take place two (2) to three (3) business days after it’s requested. Thank you for completing this account setup. 
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    Personal information


    Second donor information

    • The second donor has the same address information as the primary donor.
    • The second donor has the same church information as the primary donor.
    • An Everence representative will be in touch regarding adding additional joint account owners.

    Account funding: Appreciated assets

    Account funding: Electronic cash deposit

    This is a scheduled deposit
    Yes

    An Everence representative will contact you to help you arrange the funding of your account.


    • An Everence representative will contact you about transferring this asset

    Distribution of remaining assets

    Recommended distribution of assets remaining in the donor advised fund at the time of death:

    Selected charities

    My spouse may change these recommendations upon my death

    On this day of December 17, 2017, I (we) have designated Mennonite Foundation as a charitable beneficiary and recommend the Foundation carry out the above distribution(s) upon my death. I am aware that my designations are revocable by me at any time.

    Memorandum of understanding

    I agree with the conditions outlined in the donor advised fund "Memorandum of understanding."

    Thank You!

    Once your account is successfully funded, you’ll receive an email message with instructions on how to access our secure member portal: My Everence.

    You can use My Everence to add funds to your account and to recommend distributions to charities. If you specified a bank account to fund your account, fund transfers will occur in two (2) to three (3) business days (excluding holidays). If your gift is a non-cash asset, you’ll receive access to your fund after the gift is transferred.

    An Everence representative may contact you with questions or if additional information is needed.

    If you have questions, please contact Mennonite Foundation, an affiliate of Everence, at (800) 348-7468, or contact an Everence representative.

    Thank you for allowing us to serve you!

    Mennonite Foundation

     
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    Personal information


    Second donor information

    • The second donor has the same address information as the primary donor.
    • The second donor has the same church information as the primary donor.
    • An Everence representative will be in touch regarding adding additional joint account owners.

    Account funding: Appreciated assets

    Account funding: Electronic cash deposit

    This is a scheduled deposit
    Yes

    An Everence representative will contact you to help you arrange the funding of your account.


    • An Everence representative will contact you about transferring this asset.

    Distribution of remaining assets

    Recommended distribution of assets remaining in the donor advised fund at the time of death:

    Selected charities

    My spouse may change these recommendations upon my death

    On this day of December 17, 2017, I (we) have designated Mennonite Foundation as a charitable beneficiary and recommend the Foundation carry out the above distribution(s) upon my death. I am aware that my designations are revocable by me at any time.

    Memorandum of understanding

    I agree with the conditions outlined in the donor advised fund "Memorandum of understanding."

    Disclosure

    The donor advised fund account is administered by Mennonite Foundation and/or Everence Trust Company, an affiliate of Everence.