Donor-Advised Funds
Donor-advised funds allow you to play an active role in grantmaking without the expense and work of running a private foundation.
A donor-advised fund at Berkshire Taconic is simple to establish and operate.
As a donor advisor, you recommend how the income from your fund is spent, suggesting the charities you want to benefit. Berkshire Taconic makes sure that legal requirements for investment, distributions and payouts are met.
You may contribute to the fund and recommend grants whenever you wish, with Berkshire Taconic handling all investment and administrative details. Gifts to your donor-advised fund are eligible for the maximum charitable tax deducations allowed by federal law.
Many donor advisors name additional family members as advisors, thereby creating a legacy of philanthropy for children and other family members.
Minimum to open a donor-advised fund: $10,000
View a list of our donor-advised funds.