This is a donor advised fund, which allows the donor to make gifts to public charities in the United States whenever they wish, be it monthly, annually, or over several years.
Donor advised funds may be invested, endowed, or act as a “charitable checking” account. These funds help donors meet their philanthropic goals in Pasadena and beyond, offering flexible giving options with simplified administration. Invested donor advised funds provide a long-term giving horizon, allowing donors to gift assets over many years to different charities.