Create a Charitable Fund

San Antonio Area Foundation offers a range of charitable fund types, allowing you to choose the vehicle best suited to you and your philanthropic goals. Read on to learn about the range of fund types available through the Area Foundation. Contact us to discuss which is the right fund for you.

TYPE OF FUND MINIMUM START-UP(donation/deposit) ACCEPTABLE ASSETS

Donor Advised Fund

A fund created to make your charitable giving easier and more rewarding. The donor makes a donation to create the fund and receives an immediate tax deduction. The donor then makes recommendations to the charitable organizations or causes he/she values most. We handle the due diligence, issue the checks and provide staff assistance through a range of donor services.

$10,000 Cash, public stock, restricted stock, limited partnerships, private foundation payouts

Committee Advised Fund

A fund created so that there is a committee named to recommend  the distributions from the fund to the community.

$10,000 Cash, public stock, restricted stock, limited partnerships, private foundation
payouts or dissolutions

Community Advised Fund

A fund created by a group of individuals who pool their contributions towards a common purpose and work together to make recommendations on its distributions to the community.

$10,000 Cash, public stock, restricted stock, limited partnerships, private foundation payouts or dissolutions

Corporate Advised Fund

A fund created to simplify charitable giving at a corporation or business. With a corporate advised fund, the company’s representatives recommend grants to charitable causes, while we handle the due diligence, issue the checks, and provide staff assistance through a range of services.


$10,000 Cash, public stock, restricted stock, limited partnerships, corporate foundation payouts or dissolutions

Designated Fund

A fund created to support a specific charity or charities for a set period of time or in perpetuity, depending on your preference.

$10,000 Cash, public stock, restricted stock, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions or through your will, trust, or estate plan.

Field of Interest Fund

A fund created as a resource to support the cause/s the donor cares about – such as the arts, education, health and human services, or the environment – but is not tied to a specific charity or charities.

$10,000 Cash, public stock, restricted stock, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions, or through your will, trust or estate plan.

Scholarship Fund
Donor Involved

A fund created where the Area Foundation oversees a scholarship selection committee that creates and distributes applications and selects recipients for scholarships. The donor may serve on the selection committee.

$10,000 Cash, public stock, restricted stock, limited partnerships, private foundation payouts or dissolutions

Scholarship Fund
Foundation Managed

A fund created where the Area Foundation administers the entire process, from creating and distributing applications to selecting the students to the disbursement of funds.

$10,000

Cash, public stock, restricted stock, limited partnerships, private foundation payouts or dissolution or through your will, trust, or estate plan

Nonprofit Agency Agreement

A fund created by local nonprofit organizations to improve their financial stability by utilizing the investment and planned giving expertise of the Area Foundation to manage the fund’s assets to benefit from the Area Foundation’s investment portfolio diversification, stringent oversight, and low investment fees.

$10,000 Cash, public stock, restricted stock, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions

Nonprofit Agency
Designated Fund

A fund created by local nonprofit organizations to receive contributions from individuals, corporations or others to improve the financial stability of the nonprofit organization by utilizing the investment and planned giving expertise of the Area Foundation to manage the fund’s assets to benefit from the Area Foundation’s investment portfolio diversification, stringent oversight and low investment fees.

$10,000 Cash, public stock, restricted stock, limited partnerships, tax-deferred savings plans, private foundation payouts or dissolutions

Acorn Fund

A fund created by a donor/s to establish and build a fund that grows within five years, through regular contributions and investment of income, to become a permanent fund once it reaches $10,000

$2,500
(5 years to reach $10,000)
Cash, public stock, restricted stock, limited partnerships, private foundation payouts, or dissolutions.

 Community Endowment Fund

A fund created to support our community in perpetuity and to leave a personal legacy for the donor/s. You can rely on the expertise of the Area Foundation’s Board of Directors, Community Advisory Committee volunteers, and staff, to research and direct support to the most critical community needs. This type of fund can be unrestricted or field of interest.

 $10,000 Cash, public stock, restricted stock, limited partnerships, private foundation payouts or dissolutions and more, or through your will, trust, or estate plan

 

 

The San Antonio Area Foundation is not engaged in rendering legal, financial, or tax advice. Information in our publications and on our website is provided as a service to provide general information about charitable giving. Many topics related to charitable giving have complexities and nuances that cannot be adequately detailed in brief articles or announcements. Individuals’ personal situations may vary. Please consult your financial or legal advisor. Performance data is based on past performance and is no guarantee of future results. If you would like to report discrepancies with the information presented, please contact us at info@saafdn.org.