A donor advised fund at Berkshire Taconic Community Foundation is simple to establish and operate, allowing you to easily manage your giving without the burden of running a private foundation.

When you open a fund, you become part of our donor community, with access to our staff’s knowledge of local issues and nonprofits, and opportunities to collaborate with other donors to achieve your desired impact.

With a donor advised fund, you can make contributions to the fund and recommend grants whenever you wish while Berkshire Taconic handles all the investment and administrative details.

As a donor advisor, you may suggest the charities you want to benefit. We ensure that the charity meets IRS guidelines. You may receive an immediate charitable income tax deduction whenever you add assets to the fund. You have 24/7 online access to your fund through DonorCentral, helping you track the grants you make.

Other family members can also be named as advisors, making this type of fund an attractive option for donors who wish children and other family members to carry on a tradition of family giving. Unlike private foundations, which are required to distribute 5% of their assets annually, donor advised funds carry no minimum distribution requirement. You can save for a larger grant award at a future date, or let the fund grow until family members are ready to recommend grants.

After the passing of the last fund advisor, donor advised funds retain their name and preserve your legacy as field of interest funds that honor and support your favorite causes forever—or they can help support BTCF’s Community Fund, addressing a broad range of needs.

Minimum to open a donor advised fund: $10,000 non-endowed, $25,000 endowed

Fee Schedule

As a public charity, we assess fees to help us expand philanthropy in our region and support our leadership and collaboration on high-impact initiatives to benefit our communities.

Download Our Fee Schedule