If you’re ready to have more impact and unless the power of committed charitable funds, you can schedule a 15-minute introductory call below.

Why Fiscal Sponsor Funds have more flexibility than Donor Advisor Funds and Private Foundations & yet create more opportunities for doing good & engaged philanthropy

Add versatility to your (or your client’s) philanthropy by establishing a fiscal sponsorship fund with the Edward Charles Foundation. We provide family offices, wealth managers, and high-net-worth individuals with the ability to maximize their use of charitable funds, while avoiding the pitfalls and limitations associated with donor advised funds and private foundations. 

Creating your own charitable structure can take up to 9 months. By establishing a fiscal sponsor fund (every bit as easy as establishing a donor advised fund), you (or your clients) can start doing good immediately.

• Avoids the 5% minimum distribution rule

• Avoids strict self dealing rules and penalties

• Avoids the excise tax on investment income

• Avoids compliance and governance requirements

• Avoid the inability to solicit charitable funds from outside parties

• You can gift up to 60% in cash proceeds to a fiscal sponsor fund of Adjusted Gross Income, whereas, only 30% to a private foundation.

• Both are tax exempt and assets grow tax free

• Your appointed wealth manager can manage the charitable funds

• Must file a tax return for private foundation, board meetings, etc.

Donor advised funds are very very limited as well:

• Cannot honor personal pledges made by donors to charities. 

• Cannot disburse charitable funds to organizations outside of the U.S. 

• Cannot donate to individuals in need

• Cannot donate to folks you care deeply about if you are attending their charity event. 

• Cannot support and incur expenses for things like mission travel.

• Cannot compensate individuals or firms helping you (or your clients) do good

• Are very challenging in creating a legacy once the donor passes.

Donor advisor funds lack flexibility, and they also don’t offer any monetary or time-saving advantages. A fiscal sponsor fund takes the same amount of time, money, and effort to establish as a donor advisor fund does but much greater possibilities.

Already have a donor advisor fund? 
Edward Charles Foundation can efficiently and expeditiously convert your (or your client’s) donor advised fund into a fiscal sponsorship fund.