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.
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!)