DONOR-ADVISED FUNDS
Donor-advised funds
OUR DONOR-ADVISED FUNDS LET YOU DO MORE
The New Horizons Foundation has a strong desire to help individuals and families to be able to extend a generous hand to charitable organizations and those in need. To do this, the Foundation has established a unique program that allows for maximum contribution by donors to see the most charitable impact possible. This instrument is the New Horizons Foundation Donor-Advised Fund.
A Donor-Advised Fund (DAF) is a charitable giving vehicle wherein an individual, family or corporation makes an irrevocable, tax-deductible contribution of personal assets to a charity and at any time thereafter can recommend grant distributions to qualified charitable organizations. A DAF is a great way to help individuals, families, and corporations achieve their desire to take their “vision to the world” for a charitable impact. A DAF offers the opportunity to create a low cost, convenient, efficient method of charitable giving while maximizing tax advantages. Contributions made to a DAF not only aid current tax planning, but provide the opportunity for additional funding from the estate to ensure your vision for charitable impact is taken to the world for years to come!
HOW A DONOR-ADVISED FUND WILL WORK FOR YOU
MAKE A TAX-DEDUCTIBLE DONATION
In establishing a DAF at New Horizons Foundation Inc, you will receive personalized service from staff with over 30 years of experience who will help to ensure your charitable vision is achieved. Our website allows you to have secure on-line access to your project from anywhere in the world to monitor grants, contributions, and if applicable, investment account activity. The Foundation takes care of the paperwork, tax reporting, IRS filing and investments, and donors are free to concentrate on supporting important charities.
To set up your Donor-Advised Fund, you can donate cash, stocks, mutual funds, or other assets, and qualify for a tax deduction. It is easy to establish your Fund and watch it grow through investment income and additional contributions you desire to make.
WHAT YOU CAN DONATE TO
START YOUR
DONOR-ADVISED FUND
Sometimes it is more advantageous for a New Horizons partner to contribute assets other than cash when setting up a Donor-Advised Fund. Therefore, provision has been made to allow a wide range of assets to be received into your Fund. Here is a brief list of potential donation items:
CASH & CASH EQUIVALENTS
STOCKS & BONDS
MUTUAL FUND INSTRUMENTS
CRYPTOCURRENCIES
REAL ESTATE
FARM STOCK
DAF
YOUR DONOR-ADVISED FUND CAN GROW,
TAX-FREE!
Once your donor-advised fund is set up, your irrevocable gifts are invested according to your recommendations, and your Fund has the opportunity to grow, tax free, and you can decide which charities you will want to support, based on your vision to take to the world! All of the management of the Fund is taken care of by the Foundation, and it will ensure your donation is cared for properly.
DONATE TO
YOUR PREFERRED CHARITIES
One donation to your New Horizons Donor-Advised Fund allows you to support all of your favorite and preferred charities. You can recommend virtually any IRS-recorded public charity to be the recipient of your donor giving, and New Horizons will take care of the rest. It’s just that easy!
DAF
INVESTMENT
OF FUNDS
When you open your Donor-Advised Funds account with New Horizons, you can recommend the types of investments in which your donation can be placed. A range of options are offered varying from very stable, low-risk instruments to those with moderately increased risk. That way your donation is earning interest while you decide to which charities you would like to contribute. Top outside investment advisors carefully monitor these assets so that your Fund is receiving continual professional attention.
New Horizons Foundation also offers impact investing opportunities for your funds to be invested in charitable businesses. As money is invested in business opportunities, all returns received go back into your Fund so that you can make further investments or send money to your preferred charities.
