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Future Purpose of Your Donor Advised Fund
Future Purpose of Your Donor Advised Fund
Many Boston Foundation donors put in place succession plans for their Donor Advised Funds. These plans can be crafted to reflect your personal charitable goals. For example, a portion or all of your Donor Advised Fund may be used to establish a fund that is either unrestricted (meeting the most pressing needs of Greater Boston) or benefits broad areas of interest most meaningful to you, or benefits one or more named charities, in perpetuity or in a spend-down fund. Of course, you can also name successor advisors so that your fund continues as a Donor Advised Fund.
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Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the Boston Foundation.
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Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to the Boston Foundation.
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Gifts of Retirement Assets
Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to the Boston Foundation.
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Gifts of Insurance
A gift of your life insurance policy is an excellent way to make a gift to charity. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy. For example, you may have purchased a policy to provide for children who are now financially independent adults.
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Gifts of Non-Cash Assets
The Boston Foundation can accept an array of non-cash gifts, from closely held stock to personal property (such as art or jewelry) to, yes, even cruise ships
