Donor advised fund

Kiwanians have the capability to make their own grants for specific purposes that are meaningful to them. A donor advised fund is a permanent, endowed fund that is available through the Kiwanis Children's Fund to individual Kiwanians, as well as their families, and Kiwanis organizations.

With a donor advised fund, you make an irrevocable, tax-deductible gift to the Children's Fund, and then recommend grant distributions to qualified charitable organizations.

A donor advised fund is easy to establish. Without the staffing and legal fees, it's also less expensive to set up than a private foundation. And because the fund is housed in the Kiwanis Children's Fund, you get the maximum tax deduction available—without the excise taxes and other restrictions imposed on private foundations.

For more information about donor advised funds, contact Ann Updegraff Spleth, chief operating officer, at auspleth@kiwanis.org, 1-800-KIWANIS, ext. 155 (U.S. and Canada) or +1-317-217-6155 (worldwide).