Donor-Advised Funds
Donor advised funds are a simple, convenient way to coordinate all your charitable activities. Your gift to a donor advised fund at PARSA Community Foundation qualifies for an immediate tax deduction. You can then take your time deciding which organizations to recommend for grants.
For a nominal fee, a donor advised fund allows you to make a philanthropic gift today and later recommend how funds should be distributed for charitable purposes. A donor advised fund can be created with a simple agreement and the irrevocable transfer of assets – including cash and appreciated securities - to the PARSA Community Foundation. A minimum contribution of $10,000 is required and a minimum balance of $2,500 must be maintained at all times. The minimum amount for a single distribution is $250.
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