Catholic Donor-Advised Funds
A Catholic Donor-Advised Fund (DAF) at the Roman Catholic Foundation is a simple tool, available to anyone. Your DAF can help you simplify your charitable giving, serving as your “charitable checkbook.”
You contribute to your DAF at any time and receive an immediate tax deduction, then you recommend grants from the fund at your own pace that will support your favorite Catholic ministries and other charities.
All DAFs at the Foundation are invested in accordance with the social teachings of the Catholic Church, according to the Socially Responsible Investment Guidelines established by the US Conference of Catholic Bishops. Grants from DAFs are made only to those organizations that do not operate in opposition to the Church teaching. Catholics with Donor-Advised Funds at the Roman Catholic Foundation can feel secure knowing that their charitable funds are aligned with their faith.
To learn more and schedule a free consultation, contact us at 314.918.2890.
Top 5 Advantages of a Catholic Donor-Advised Fund
- It simplifies your charitable giving.
- It’s invested in accordance with Church teaching.
- It’s an easy way to support the Catholic organizations and other charities you love.
- You receive immediate tax benefits.
- It can help you establish your family’s charitable legacy.
Frequently Asked Questions
What is a Donor-Advised Fund?
A Donor-Advised Fund is a giving vehicle that allows donors to make a charitable contribution, receive an immediate tax deduction and recommend grants from the fund to charities over time.
What are the benefits of a Donor-Advised Fund?
Donor-Advised Funds at the Foundation grow tax free, invested in accordance with Church teaching. Donors receive immediate charitable tax deductions each time they add to a DAF, and naming their children as successor advisors can help donors establish a family legacy of giving.
What makes a Donor-Advised Fund at the Roman Catholic Foundation unique?
Donor-Advised Funds at the Roman Catholic Foundation are Catholic Donor-Advised Funds. All DAFs are invested in accordance with the teachings of the Catholic Church, and grants are made only to those organizations that do not operate in opposition to Church teaching.
Can I support non-Catholic charities with my Donor-Advised Fund?
Yes. Provided the charities do not operate in opposition to the teachings of the Catholic Church, DAF advisors may recommend grants to non-Catholic charities.
Can a Donor-Advised Fund be passed down to family members?
Donors may designate successor advisors to recommend grants. By naming their children as successor advisors, donors can establish their family’s charitable legacy.
What is required to set up a Donor-Advised Fund?
With an establishing gift of $15,000, donors can create a Donor-Advised Fund at the Foundation and will be given the opportunity to name their fund, choose its advisors and successor advisors and recommend how it will be invested.
Donors become eligible for a tax deduction as a result of the establishing gift.
How do I establish a Donor-Advised Fund at the Roman Catholic Foundation?
To get started in creating your DAF, complete our Start a Fund form or call us at 314.918.2890 to speak with a Gift Planning Officer.
“When I heard about the Donor-Advised Fund and when it was described to me, I thought this hits perfectly on what I want to do… It feels like you give twice!”
~ Tim Sansone, Immacolata Parishioner
The Roman Catholic Foundation builds endowed funds that will support Catholic parishes, schools and ministries throughout the Archdiocese of St. Louis for generations to come.
Roman Catholic Foundation of Eastern Missouri
Tax Identification Number: 46-3309222
Roman Catholic Foundation
12 Archbishop May Drive
St. Louis, MO 63119