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Donor-Advised
Fund at EBCF


I. Income Tax Deductions*


Percentage Limitations (adjusted gross income)
Cash gifts
50%

Capital gain property
30%

Carry-over available
Yes

Amount Deductible
(percentage limitations apply)

Capital gain in publicly traded stocks
Fair Market Value

Capital gain property
Fair Market Value

* Assumes that the donor’s income is sufficient to allow for the full deductions.


II. Accounting and Tax Preparation
Donor-Advised Fund at EBCF


Separate tax return required
No

Separate account statements required
No

Tax returns open to public inspection
Yes
(except donor lists)


III. Operating Rules of Internal Revenue Code
Donor-Advised Fund at EBCF


Excise tax on investment income
No

Minimum payout requirements
No

Prohibitions on grants to support lobbying
No
(but some restrictions)

Restrictions on scholarships and research grants
No

Possibility of advisory role for donor in grantmaking
Yes

Possibility of legal control in grantmaking
No

Opportunity to participate in community foundation’s investment pools
Yes


IV. Possibility of donor control over investments
No


Access to advice and counsel of professional staff
Yes

Possibility of grantmaking to out-of-state charities
Yes
in most cases

Possibility of grantmaking to foreign charities
Yes
in some cases

Time required to establish
One Day

Expense to establish
None

Time required for administration
Minimal

 

Private Family
Foundations


I. Income Tax Deductions*


Percentage Limitations (adjusted gross income)
Cash gifts
30%

Capital gain property
20%

Carry-over available
Yes

Amount Deductible
(percentage limitations apply)

Capital gain in publicly traded stocks
Fair Market Value

Capital gain property
Cost Basis Only

* Assumes that the donor’s income is sufficient to allow for the full deductions.


II. Accounting and Tax Preparation
Private Family Foundations


Separate tax return required
Yes

Separate account statements required
Yes

Tax returns open to public inspection
Yes


III. Operating Rules of Internal Revenue Code
Private Family Foundations


Excise tax on investment income
Yes

Minimum payout requirements
Yes

Prohibitions on grants to support lobbying
Yes

Restrictions on scholarships and research grants
Yes

Possibility of advisory role for donor in grantmaking
Yes

Possibility of legal control in grantmaking
Yes

Opportunity to participate in community foundation’s investment pools
No


IV. Possibility of donor control over investments
Yes


Access to advice and counsel of professional staff
Yes

Possibility of grantmaking to foreign charities
Yes

Possibility of grantmaking to out-of-state charities
Yes

Time required to establish
Months

Expense to establish
$3,000 – $5,000

Time required for administration
Extensive Program, Accounting and Tax Preparation

For More Information 

Carolyn Doelling
Contact Director of Philanthropic Services Carolyn Doelling at 510.208.0807 or at cdoelling@eastbaycf.org