Have you ever heard of a Donor-Advised Fund? A donor-advised fund is basically a fund where the funders pre-determine how the funds (or types of funds) are dedicated or “earmarked.” Imagine, for a moment, that you’re the donor. It’s like having your own personal giving account, but with the flexibility to support the causes you care about. You, as the donor, get to decide how your money will be used, giving you control in your charitable impact. It’s a simple way to streamline your giving while ensuring that your contributions make a lasting difference where it matters most. However, there are some definite distinctions between donor-advised funds and other general grant funding sources.<\/p>\n\n\n\n
GrantWatch<\/strong><\/a> wants to help provide a better understanding of the donor-advised fund distinction and has provided a list of primarily nonprofit grants, all of which include donor-advised criteria. Using search filters and including the key phrase “donor-advised funds<\/a><\/strong>” will yield a list of grants that employ this type of funding. Additionally, there are close to 8,500 grants in the GrantWatch General Listings<\/strong><\/a> grant listing section.<\/p>\n\n\n\n In a recent episode of GrantTalk, Libby Hikind chatted with Karin Beyer, Director of Community Philanthropy at Otsego Community Foundation<\/a><\/strong> in Michigan. Karin shared insights into their unique approach to grantmaking and community support, focusing on donor-advised funds and grant funding for nonprofits.<\/p>\n\n\n\nKey Distinctions of a Donor-Advised Fund<\/strong><\/h4>\n\n\n\n
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GrantTalk: Donor-Advised Funds<\/strong><\/h4>\n\n\n\n