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Donor Advised Funds
The establishment of Donor Advised Funds has become
both a popular and effective source of financial support for The Ireland Funds.



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Donor Advised Funds at work

 



     Individuals interested in supporting the work of The American Ireland Fund may want to consider creating a donor advised fund through the AIF.

A Donor Advised Fund is a personal endowment that is created by its donor to support a stated charitable purpose. The purpose may be general - such as the unrestricted support of Ireland, North and South - or may be more specific in terms of geography, charitable field of interest, and so on.

Every donor advised fund has a unique a perpetual identity. Each has its own name - often that of the donor or the donor's family, but sometimes that of a memorialized individual, or a title that reflects the funds specific origins or objectives.

There are three types of Donor Advised Funds.

  • Unrestricted Funds are not restricted by their donors to any one purpose, and are used by the AIF to meet Ireland's most pressing problems
  • Field of Interest Funds support particular fields of geographical areas that are of interest to donors
  • Donor Recommended Funds are created by donors who wish to be actively involved in choosing which organization receive grants from their funds

There are many ways to establish a Donor Advised Fund. Some are funded my a series of lifetime gifts, some by bequests, and others by planned giving instruments, such as charitable remainder trusts or gifts of life insurance. Donors, family and friends are able to add a specific fund.

A Donor Advised Fund in the AIF provides a very attractive alternative to establishing a private foundation. Setting up a Donor Advised Fund is efficient, economical and fast (it can take less than a day!)



donor advised funds guide

The Donor Advised Funds

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