Frequently Asked Questions
When initially setting up your fund, this is done through a statement of charitable intent which is created during the initial setup period and can be changed or amended at any time. This form can be found here.
Once your DAF is established and you'd like to send out a donation, you can submit a Donation Request Form and Stablish Foundation will send out the donation for you.
- It allows you to continue your philanthropic passions after you are no longer here.
- It encourages your children to have philanthropic passions to charities.
- In the case of a CRT, it allows you to pass the income stream from the CRT to your children or designated income beneficiary. Upon their deaths, it would then go to the charities of your choice.
For a DAF, in most cases, the donation is 100% deductible on your federal and state taxes.
For a CRT and a CRUT you receive a portion of the donation as a tax deduction and still maintain an income stream.
DAF: The cash or investment securities you are donating are placed into an individual account under the trust’s name. An agreement and statement of charitable intent are created and a financial advisor is assigned to the trust account. The funds are invested to grow the account. If the donor advisor wants to make a donation to a charity, a donation request form is submitted. Stablish Foundation will withdraw the funds from the account and mail the donation to the charity on the donor advisor’s behalf. More information here
CRT: The cash or investment securities you are donating are placed into an individual account under the trust’s name. An agreement and statement of charitable intent are created and a financial advisor is assigned to the trust account. The funds are invested to grow the account with the objective being to grow the account as much as possible. During the lifetime of the donor, they will receive the net trust income after expenses each year. No charitable donations are made until after the income beneficiaries have passed away. More information here
We can recommend a financial advisor to you that we have vetted and understands these accounts or we can work with a financial advisor of your choosing.
Stablish Foundation’s expert staff will personally walk you through setting up your trust fund right from the first step.
Complete the contact us form and we would be happy to reach out to you.
Each DAF and CRT account receives quarterly reporting as well as an annual report. The reporting shows all transactional activity during the calendar quarter. These reports are sent out 30 days after the calendar quarter ends.
The objective for the financial advisor is to invest the funds to help the account grow.
There are several factors that can affect the level of growth of the account, the largest factor would be the amount of charitable donations sent out from the account. However, charitable donations are the main goal.
The withdrawal rate must be 5% or less of the account value to typically see growth.
Another factor is the performance of the investment market.
Additional contributions to the account are acceptable and welcomed at any time.
We can recommend a financial advisor to you that we have vetted and understands these accounts or we can work with a financial advisor of your choosing.
Stablish Foundation sets up an investment policy statement for each account that is shared with the investment advisor and the donor advisor. This investment policy and the account is reviewed a minimum of once a year, but is generally reviewed more often.
Most types of investments are accepted. For a specific list, please contact Stablish Foundation.
DAF: Upon the death of the donor advisor, the Statement of Charitable Intent guides Stablish Foundation in distributing the remaining funds.
CRT: Upon the death of the income beneficiary(ies) the remaining funds convert to a DAF and charitable donations will be distributed in accordance with the Statement of Charitable Intent.
Yes, when the fund is created, part of the documentation is to designate advisors and successor advisors. This can be updated as needed and as often as you would like.
Learn what makes Stablish different
We have been in business since 1995.
Each year we choose to have an independent audit performed.