Donor Advised Funds

Donor Advised Funds are a simple and attractive charitable account for stewardship and gift planning. Reduce your paperwork and support your preferred EFCA ministries and other qualified charities through a Donor Advised Fund.

Understanding your needs:

Interested in donating appreciated assets to various ministries and charities, but find that these organizations cannot handle the details?
Do you want to honor the Lord’s work but find recordkeeping a hassle?
Desire to support various ministries with non-cash assets in a one-step transaction?
Have you ever considered an alternative to setting up your own family foundation?
Do you need a charitable tax deduction now but wish to spread out your charitable gifts over a period of years?

The Details

An individual selling a major asset can receive a charitable deduction and bypass capital gains taxes by transferring the property into an EFCA Foundation Donor Advised Fund. The tax benefits are available this year, and the distribution decisions can span several years. Also, the administrative costs are shared among several EFCA funds, so you can be assured that the greatest amount of your gift is going directly to the ministries and charities you select.

The Benefits

Convenient
Low Cost
Name Your Fund
Anonymous Giving Option Available
Trusted Expertise in Stewardship Matters and Ministry Needs
Reduce Taxes Now - donor gains an immediate tax benefit.
Potential Investment Growth - accounts invested in one of four options.
Grant Making Flexibility - you can spread your tithes, offerings, and other gifts over time for the EFCA, your local church, other Christian causes, and for the qualified charities you select.
Support the Mission of the Evangelical Free Church of America- 20 percent of annual distributions must benefit Evangelical Free Church ministries you name.

Typical Donor: Those who desire to support the Lord’s work in a meaningful way, gain some tax savings, simplify their recordkeeping, and support a variety of causes and ministries. People with a block of stock or real estate also may also consider DAF charitable accounts attractive.