Privacy in Donor Advised Funds
Although
most donors opt for full recognition, you may want a greater degree of
privacy in your charitable giving. Charitable giving can be quite personal.
Points
to consider:
Contribution
privacy: donors sometimes want a higher degree of privacy in contributing
assets.
For
example - an
active member in a community may want greater privacy in his/her contributions than can be provided by a community foundation run by his/her
peers.
Investment
privacy: donors may want privacy in the investments in their Fund.
Grant-making
privacy:
- Donors
may be concerned about being inundated with unsolicited grant requests.
- Donors
may want to avoid future grantmaking pressures.
- Donors
may not want to be "lobbied" for pet projects.
- Donors
may want absolute anonymity to protect a child from special attention.
Privacy
on your own terms
At AEF, we consider customer privacy to be a fundamental priority of our
client relationships. We are committed to maintaining the confidentiality,
integrity, and security of our donor's personal information. Donor's can
opt for full recognition, partial recognition (Fund name only or Fund
Name and contact info), or full anonymity. Donors
can choose to maintain a level of privacy or change this on a case-by-case
basis.
Our
promise to you
For donors that have unique philanthropic needs, AEF's independence provides a neutral platform free of outside influences. AEF has no hidden
or unspoken agenda. (Programmatic, social, religious, investment, geographical,
or succession)
Link to a comparison in Private Foundation
Note: In contrast, private foundations provide little confidentiality and
no anonymity. With the advent of the Internet, information is more available
than ever. Today, anyone with a computer can access Guidestar (www.guidestar.org)
to gain information on any private foundation. Since all of the information
is pulled from a foundation’s 990-PF (or in some instances the
actual scanned 990-PF is available), anyone can see the asset balance,
the directors, contact information, administrative fees paid, every
grant that is made (organization name and amount), and investment management
fees (holdings are sometimes included).
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