If you have recently opened a donor-advised fund at the Hudson Community Foundation (HCF), WELCOME, or are eager to learn more about the opportunities that come with your fund read the information below. By opening a donor-advised fund, you have opened a world of possibilities and advantages that will amplify your philanthropic impact.

We break down the donor-advised fund process into three simple steps: give, grant and grow. After you give cash, stock or other assets to your fund, you are eligible to receive a tax deduction for your contribution. Then, you can grant funds out on a timeline that works for you. Donor-advised funds offer excellent flexibility so you can choose when and how to distribute your charitable dollars. Meanwhile, your assets within the fund are invested and grow tax-free.

Below are ways you can make the most of using your new donor-advised fund.

Try out the online portal:

After opening your fund, you can log into the online portal to access your account information. With 24/7 availability at your fingertips, the online portal will be your go-to place. There are many features in the online portal, including the ability to view fund activity, access fund statements and request grants.  If you have any questions, please contact our office.

Make a grant from your fund:

Granting is where the fun truly begins. You can suggest grants to any 501(c)(3) public charity in good standing with the IRS. Our staff at HCF does the due diligence for you to ensure that all organizations receiving grants are in good standing with the IRS. HCF does not limit the types of charities you can give to and a low minimum grant amount. As long as IRS rules are followed, the opportunities are endless. Check out our nonprofit search to explore charitable organizations in our local community.

Helpful tip: Bookmark our donor portal for easy accessibility.

Expand your giving:

With an experienced team, Hudson Community Foundation is committed to providing thorough support throughout your philanthropic journey. If you are interested in strategizing and growing your giving, that’s where our philanthropic advisor is available for you.  We have extensive experience working with donors with a variety of charitable interests, values, and priorities. Some of their specialized services include:

Helping you identify, research, and connect with nonprofit organizations.

Providing you with guidance on grantmaking best practices.

Facilitating discussions to think through your values, priorities, and goals.

Offering custom charitable legacy plans.

Call or email amyjordan@myhcf.org  to let us know you’re interested in speaking with a philanthropic advisor about your charitable giving.