ABOUT OUR DONOR-ADVISED FUNDS -->
Our donor-advised fund gives you and your family the flexibility to support The Oare Rover Foundation and other charities.
With a fully deductible gift of $100,000 or more in cash, appreciated securities, or even real estate, you can create your own DAF. Next, you can recommend distributions from your fund to Preservation programs and other qualified charitable organizations on your own timeline without the pressure of the year-end rush.
DAFs invite you to involve family members in the process or give them the right to recommend distributions, encouraging them to develop their own tradition of philanthropy.
You incur none of the legal, administrative or reporting requirements that are associated with a private foundation. No administrative fees are charged if you select the internal Oare Rover investment option for your DAF. Meanwhile, the assets in your fund are invested and have the opportunity to grow tax-free.
A minimum of 5% of your fund must be distributed annually, and at least 20% of the total distributions over the life of your fund must support Preservation projects of your choosing.
The minimum distribution is $1,000. You can make additional gifts of $1,000 or more to your fund at any time.
If you are a hands-on donor, consider the flexibility and practicality of The Oare Rover Foundation's donor-advised fund.
IS A DAF RIGHT FOR YOU? -->
A donor-advised fund might be the right choice for you if:
- You have extra income or a special taxable event, but desire to make charitable gifts over several years.
- You have several different charitable interests and want to simplify your giving.
- You have a private foundation that you wish to terminate. You can send those assets to a DAF.
- You wish to use a DAF to complement a private foundation (for example: in order to give anonymously).