Donor Advised Funds at Pasadena Community Foundation help donors meet their philanthropic goals in Pasadena and beyond, offering flexible giving options with simplified administration. Donor Advised Funds direct money to any qualified nonprofit in the United States, and can be expendable, invested, or endowed, depending on the donor’s needs and giving horizon.
This fund acts like a “charitable checking” account. The donor makes a gift of assets to PCF (typically appreciated stock or mutual funds), and then directs the Foundation to make contributions (grants) from their fund to any IRS-approved U.S. public charities.
Many donors choose to replenish their account once per year and have a single record for tax return purposes.
This fund streamlines record-keeping for tax purposes, and the PCF online donor portal makes directing gifts simple. Donors also benefit from PCF’s administrative expertise and personal assistance.
This fund assumes a long-term giving horizon, and is best for donors who wish to make gifts to charities over many years.
Donors establish their fund with a large initial gift (creating a significant one-time tax deduction).
PCF invests the balance of the fund in accordance with the donor’s philanthropic goals.
Donors may distribute grants from the fund in any amount.
This fund creates a permanent charitable legacy.
Donors establish their fund with a large initial gift (creating a significant one-time tax deduction).
PCF invests the corpus of the fund, preserving it in perpetuity.
The fund’s annual grant amount adheres to PCF’s annual spending policy, and the donor makes their desired charitable gifts.
PCF offers three investment options for donor advised investment funds and donor advised endowment funds. All funds are invested in accordance with the Foundation’s investment policy statement.
Funds in this portfolio are invested for long-term growth. The objective is to earn a return that allows for distribution of grants while striving to preserve the principal investment, allowing for inflation and expenses, and to fulfill the donor’s future philanthropic goals.
Funds in this portfolio are invested for long-term growth with a focus on environmental, social, and governance (ESG) strategies. Commonly known as “socially-responsible investing,” the portfolio will invest in ESG strategies primarily through investment screening, which is the inclusion in or exclusion from a portfolio of certain sectors, companies, or practices based on specific ESG criteria.
Funds in this portfolio are invested for moderate growth, and intended to fulfill the philanthropic goals of more risk-averse donors. The strategy focuses on capital preservation, implemented through a more conservative risk profile compared to that of the long-term portfolio. The objective is to maintain a balance between preserving the principal and maximizing the charitable impact of the fund.
Contact: Liz Algermissen, Director of Development (626) 796-2097 x105 or ealgemissen@pasadenacf.org
PCF is a 501c3 public charity Tax ID# 20-0253310