Create a Fund
A fund may be established through AACF with a current or deferred gift. Philanthropy is not just for the wealthy but for those that have a heart to give. AACF can assist in helping families find a way to support our community and leave a legacy.
A variety of vehicles are available to assist families fulfill their charitable goals. Current and deferred funds may be created with gifts of securities, real estate, and/or cash. A Dayton Foundation representative is available to help perspective donors find a solution that works best for their situation.
Deferred gifts are created when perspective donors make provisions for charity after they are gone. Planning for the future should be a priority for every individual or family, whether they make a planned gift or not. Every adult with assets, no matter the size, should make provisions about how their assets will be handled after they are gone.
While planning the use of assets with an estate planning attorney, individuals may make a provision for a variety of non-profits through their own or any other AACF fund as a fixed dollar amount, percentage of the estate, or by leaving any monies left after family needs are met. We recommend that families seek professional assistance from an attorney. This is worth the financial investment to make sure that all areas of your estate plan are complete (i.e. will, medical power of attorney, etc.).
Families may also make provisions to charities through their own or any other established AACF fund with life insurance. An individual may name an AACF fund as a beneficiary of a life insurance policy. The amount shared with charity can be any percentage up to 100%; therefore, this provides an opportunity to name family and friends too. An individual may also transfer ownership of a life insurance policy to AACF for the benefit of your favorite non-profit.
Gift annuities, funded with cash or securities of $10,000 or more, provide a fixed stream of income to the donor for life after which provides a gift to an AACF fund. In addition, the gift provides a current income tax savings and possible capital gains savings.