Donor Advised Funds
Minneapolis Foundation's Donor Advised Funds offer flexible, tax-advantaged giving for donors to support any qualified public charity, with personalized guidance and a variety of investment options.
Funder: Minneapolis Foundation
Due Dates: Rolling (applications accepted year-round)
Funding Amounts: Minimum initial contribution: $10,000; no set maximum. Ongoing contributions accepted; annual admin fee: $750 or 1% of fund balance (reduced for balances over $1M).
Summary: Flexible, tax-advantaged donor advised funds for individuals, families, businesses, and organizations to support charitable causes of their choice.
Key Information: Grants may be recommended to any eligible public charity; minimum grant size is $250.
Description
Donor Advised Funds (DAFs) at the Minneapolis Foundation provide a streamlined, tax-smart way for donors—including individuals, families, businesses, and even private foundations—to support charitable causes. Donors can contribute a wide range of asset types, benefit from consolidated administrative support, and work with Philanthropic Advisors to align giving with personal values and community needs. Once established, donors can recommend grants to any qualified public charity, with flexible investment strategies and options for succession planning.
