The Sierra Fund’s Donor Advised Fund allows you to make a sizeable donation when it is most appropriate for you while allowing you time to consider how you wish to recommend the distribution of the gift.
It is a convenient and flexible way to manage your charitable giving and spares you the cost and legal complexities of establishing a private foundation.
- Significant Gift
You can play a significant role in helping The Sierra Fund attain its mission of preserving Sierra natural communities.
- Family Involvement
You can involve your family in your philanthropic goals.
- Tax Savings
You may realize tax benefits that are greater than those obtained from a private foundation. Gifts are fully tax deductible in the year you make the gift. Gifts of long-term appreciated property (owned for a year and a day or longer) may be deducted up to a maximum of 30% of adjusted gross income (up to 50% of adjusted gross income for cash gifts). Unused portions of the deduction can be carried forward for an additional five years.
- No Reporting
You have no legal, administrative or reporting requirements associated with a donor advised fund.
The Sierra Fund will ensure that your Donor Advised Fund is working to its maximum effectiveness on behalf of conservation in the Sierra Nevada. You will receive quarterly updates and an annual report that documents the successes that your fund has accrued, and opportunities to spend time on the landscapes that you have permanently protected.
How It Works
It’s a simple and straightforward process. You sign a letter of understanding and make an irrevocable gift to The Sierra Fund. Your Donor Advised Fund will be invested as a separate account within the Sierra Fund’s capital account and will be attributed the same percentage of income as the capital account.
At least 5% of the fund must be distributed annually, although, of course, distributions may be larger.
When you wish to recommend a distribution, you simply notify us on a form letter we supply to you.
Making a Gift
Minimum Initial Gift Amount: $5,000
Minimum Subsequent Gifts: No minimum
For more information on the Donor Advised Fund or other planned gifts, please fill out our online form, e-mail email@example.com or call (530) 265-8454.