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Donor Advised Funds

Donor Advised Funds allow donors to have an active role in choosing what their funds will support and organizes all giving through one convenient and flexible vehicle.

Frequently Asked Questions

Find clear answers to common questions about starting a Donor Advised Fund.

Why choose a Donor Advised Fund?

A Donor Advised Fund is a charitable giving account that allows you to contribute when it's most convenient - receiving an immediate tax deduction - while reccommending grants to your favorite nonprofits over time.

Who decides how the fund is used?

Grant decisions are made by you. The Homer Foundation may periodically reach out to you to ask if you want to support specific communities or causes that match your interests.

How does it work?

When you establish a Donor Advised Fund, you get to decide how much to distribute, to which nonprofits, schools or religious organizations to support, and when.

Are donations tax-deductible?

Yes, the Homer Foundation is a 501(c)(3) organization. All donations are tax-deductible to the extent allowed by law.

Who is it best for?

Donor Advised Funds are great for donors who care about a number of different causes and want to have control over where they want their contributions to go.

Have more questions? Reach out to our team.