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What are the advantages of establishing a Donor Advised Fund at the Community Foundation of Northeast Iowa instead of creating my own private foundation?

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What are the advantages of establishing a Donor Advised Fund at the Community Foundation of Northeast Iowa instead of creating my own private foundation?

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Some clients may be under the impression that creating a private foundation is the only option available to them in preserving their family name through charitable giving. The Community Foundation of Northeast Iowa can assist your client in establishing a Donor Advised Fund (or even a Supporting Organization. These types of funds can provide advantages to clients while keeping them actively engaged in the distribution process. The chart below offers a comparison that may also be of assistance to you and your client when exploring the option of establishing a Donor Advised Fund.

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