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Give, and teach the
joy of giving
Your
support can reach beyond the mission
of the Presbyterian Church (U.S.A.).
While a portion of your gift must
be given to support the local, national
and worldwide mission of the Presbyterian
Church (U.S.A.), your gift can also
be used to help virtually any charitable
organization, as long as its mission
is consistent with that of the Presbyterian
Church (U.S.A.).
What
are other advantages of the donor-advised
fund?
The donor-advised fund offers advantages
and features you might prefer when
selecting gift options. These features
include:
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Flexibility
to support a variety of programs
and agencies. |
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Ability
to distribute principal, in
whole or in part, to meet immediate
needs of the charities. |
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Possible
tax deductions |
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Avoidance
of cumbersome responsibilities
associated with a private foundation
(annual tax filings and extensive
regulatory requirements). |
Features of a donor-advised
fund.
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The
minimum amount to establish
a fund is $10,000. |
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The minimum
annual distribution amount is $500
or 5% of the
fund's value, whichever is greater. |
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Distribution
advice can be received at anytime
and distributions can generally be made within 30 days of receipt
of your advice. |
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The maximum
term of a fund is the life of
the donor(s) plus 20 years. |
Complete a Donor-Advised
Fund Agreement and return it with
your gift to the Foundation to establish
your donor-advised fund.
A Donor-Advised Fund Advice Form is available for you to make recommendations
for the distributions from the fund
to the charitable beneficiary.
Need more information? Contact us,
or contact Pat Ohlmann at 800-858-6127,
option #2 to receive more information.
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