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What is a Donor Advised Fund and how does it work?

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What is a Donor Advised Fund and how does it work?

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Donor Advised Funds allow individuals to set up personal philanthropic accounts. Essentially, it’s a ‘virtual foundation’ where donors can invest in over 15 Calvert Group Mutual Funds and in Calvert Community Investments. From this account, donors can recommend grants (gifts) to ANY public charity any time, using a fully automated web-based platform.

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