Start Your Own Fund

Donors that seek a role in grantmaking can open up a donor advised fund at the Foundation. Donors make an initial minimum contribution and receive an immediate tax deduction. The donor can then direct grantmaking at his or her leisure.

The Foundation manages the fund administration and record keeping, including check writing and nonprofit due diligence. The fund holder is provided with a range of mutual fund investment options through Vanguard Group. Many fund holders name additional family members as advisors, thereby creating a legacy of philanthropy for children and other family members.

For questions or to open up a donor advised fund, please contact Alex Villari at 718.246.6886 / avillari@bcfny.org.