What is a Donor-Advised Fund? A donor-advised fund (DAF) is a charitable giving vehicle administered by a third party, which manages charitable donations of behalf of an organization, family or individual. A donor-advised fund is easy to establish, low cost, and a flexible alternative to direct giving or creating a private foundation. When donors conduct their grantmaking through a DAF, they enjoy administrative convenience, immediate tax advantages and the expert resources of the third party group managing their charitable investments.
How does a Chicago Foundation for Women Donor-Advised Fund work? A CFW donor-advised fund is established with an initial, minimum contribution of $5,000 which may be made in the form of cash, mutual funds, bonds and/or publicly traded securities. Subsequent contributions may be made by the Donor or by any other person in any amount at any time. Once established, the donor will be able to request that grants be distributed from their fund to organizations whose mission, vision and philosophy are consistent with the mission, vision and philosophy of Chicago Foundation for Women. The minimum grant amount is $250, and you may direct as many or as few contributions as you wish annually.
Why contribute to a Donor-Advised Fund rather than directly to a charity?
Donor-Advised Funds provide a number of benefits that direct charitable donations do not, including:
Have questions? Interested in establishing your own donor-advised fund? Contact Katy Thomas at 312.577.2836 or email@example.com.
CFW-convened Domestic Violence Leaders Collaborative Calls for Expanded Commitment to End Gender-Based Violence (October 3, 2018) – Chicago Foundation for Women (CFW), with the support […]
Annual report provides update on education, labor force participation, female-headed households and teen birth rate CHICAGO, IL (October 3, 2018) — Today, Chicago Foundation for Women […]
FROM THE DESK OF THE PRESIDENT The Status of Chicago’s Women + Girls Four years ago, CFW toured the Chicago region, hearing women and men […]
(September 18, 2018) – As you may know, hotel workers are currently on strike at 26 hotels around the city, including the Hyatt Regency, where Chicago […]
Jesse Kirsch CHICAGO (WLS) Team USA Olympic gold medalist and prominent #MeToo leader Aly Raisman headlined the Chicago Foundation for Women’s 2018 luncheon and symposium […]
Kristen Thometz Since the #MeToo campaign took social media by storm a year ago, stories of sexual abuse and harassment have come into focus – including those […]
FROM THE DESK OF THE PRESIDENT True Strength Aly Raisman was just 18 years old when she flipped onto the international stage as the captain […]
Julia Travers Inside Philanthropy The Crown family’s philanthropic legacy dates back to 1947 and the creation of the Arie and Ida Crown Memorial, named for […]
Chicago Foundation for Women is a leading convener of women in Chicago. Check out our upcoming events below. All of our events, including those hosted by our Giving Councils, are open to the public unless otherwise specified.
To read about meetings and events we've held, visit our entire Events Schedule. Questions? Email firstname.lastname@example.org.