A donor advised fund with the Catholic Foundation of Maine helps you easily give funds to the causes that matter to you most.
Start your fund at the Catholic Foundation of Maine with a straightforward written agreement which outlines the gift, purpose, payout, beneficiaries and management. Donor advised funds may have agreed upon flexible payout timings and amounts, beneficiaries, addendums and stipulations but do not supercede the law or the governance of the Foundation.
Contribute assets an individual, group, or corporation—or transfer assets from another foundation, trust, investment account(s) or donor-advised fund.
Designate charitable gift distributions to causes and entities in keeping with Catholic values, here in Maine or other places, such as education, scholarship, assistance to special groups, schools, convents, seminaries, other charities or charitable entities, or other things of that nature that are in keeping with Catholic values.
Enjoy peace of mind that your account will be professionally managed by the Foundation’s morally responsible investment policies, in Catholic-screened investments.
Receive special tax advantages and an immediate charitable tax deduction for your contributions.
Experience the joy and confidence of giving as you wish, while the Catholic Foundation of Maine handles the paperwork and management and keeps you informed.
What are the benefits?
Endowment funds through the Catholic Foundation of Maine are managed professionally in Catholic-screened investments.
Giving may be recorded as named, in memory of, or remain anonymous.
You may involve your family, an organization, group or attorney in the process of advising.
Have confidence the Foundation will follow all laws and policies in administering distributions.
A donor advised fund may offer even more flexibility and tax advantages, depending on your tax situation.
For more information, please contact the Foundation in confidence.