CNCF's primary giving tool is called the CNCF Donor Advised Giving Fund, which is similar in many ways to a private foundation except that it is much simpler to create and manage.
The CNCF Giving Fund allows donors to make a contribution now, distribute the monies immediately or take as much time as they wish to consider their distribution to other registered charities.
How it works:
- Open your CNCF Giving Fund today simply by filling out a short application form downloadable here or by emailing or calling us for a printed copy. It's fast and easy to complete.
- Give your Giving Fund a name.
- Make an initial contribution of at least $5,000 or more in cash or assets. CNCF will issue a donation receipt for your gift as soon as it comes into our hands.
- Your contribution will be invested into an interest earning account where it will grow tax-free or with your own financial advisor.
- You may recommend distributions from your fund to any number of charities of your choice at any time, as long as it's at least $250. CNCF sends out the cheques for you, with or without your identity - that's your choice.
- You, or others, may make additional contributions to your fund at any time and a donation receipt will be issued immediately to the donor.
For all the details related to Donor Advised Funds, simply read this document.
