Donor‐advised funds allow investors - either directly or with the help of an advisor - to contribute cash or appreciated assets to a charitable account in order to realize the greatest possible tax benefits and to then support charities of their choice over time.Giving USA Foundation and its research partner, the Indiana University Lilly Family School of Philanthropy, produce the annual estimates of U.S. charitable giving contained in the Giving USA report . This year’s results were explored today at an event in San Francisco hosted by Schwab Charitable and followed by a panel discussion. Giving Institute member firms CCS and Benefactor Group were presenting sponsors for the event. About Schwab Charitable Created as a national donor‐advised fund with a mission to increase charitable giving nationwide, Schwab Charitable has received over $9 billion in contributions and has facilitated over $4 billion in grants to charities on behalf of its donors since inception. Serving a wide range of philanthropic investors, account sizes range from $5,000 to more than $700 million. Schwab Charitable has been a pioneer in enabling investment advisors to manage the investments of donor‐advised accounts and remains a leading provider of such professionally managed accounts. Schwab Charitable also offers a private foundation conversion service for private foundations considering donor‐advised funds as a complementary or alternative charitable vehicle. For more information, visit schwabcharitable.org. A donor’s ability to claim itemized deductions is subject to a variety of limitations depending on the donor’s specific tax situation. The tax information herein is general in nature and not intended as specific, individualized advice. Where such advice is necessary and appropriate, donors should consult with their tax and/or legal advisors. Contributions of certain real estate, private equity or other illiquid assets are accepted via a charitable intermediary, with proceeds of your donation transferred to your donor-advised account upon liquidation. This intermediary considers donations on a case-by-case basis, and assets typically must be valued at $250,000 or more. Call Schwab Charitable Fund for more information at 800-746-6216.
Professionally‐managed accounts are available only through independent investment advisors working with Schwab Advisor Services TM, a business segment of The Charles Schwab Corporation serving independent investment advisors and includes the custody, trading and support services of Charles Schwab & Co., Inc.. While donors may recommend an advisor, the Fund must approve the recommendation. Advisors must meet certain eligibility requirements and adhere to Fund fee and investment guidelines. You may request a copy of the investment guidelines by calling us at (800) 746‐6216.Schwab Charitable is the name used for the combined programs and services of Schwab Charitable Fund, an independent nonprofit organization. Schwab Charitable Fund has entered into service agreements with certain affiliates of The Charles Schwab Corporation. ©2014 Schwab Charitable Fund. All Rights Reserved. (0614-3884)