Maximize Your Charitable Impact
Centralize your charitable giving and maximize the impact of every contribution. By opening a fund with FFTC for your charitable giving, you leave the burden of administration to us so you can focus on the joy of giving.
Why FFTC Donor Advised Funds?
Convenient. Donor advised funds act as a home for charitable giving. After you have opened a fund, you can make a contribution to your fund on your own schedule, and send grants to as many organizations in the United States as you choose when you are ready.
Tax-Efficient. Contributions can be made with a variety of assets – cash, securities, real property and business interests – and provide you with an immediate tax deduction. You can select from a range of investment options, allowing your fund balance to grow tax-free until you recommend grants.
Flexible. Donor advised funds do not have minimum distribution requirements, so you have time to be strategic in your giving. They also can be used for long-term and legacy planning, providing you the opportunity to include family members or others in decision making.
Sustainable. If you choose to open an endowed fund, FFTC will help ensure your fund continues to make an impact in perpetuity.
Local. By choosing your local nonprofit community foundation, you can take advantage of local knowledge and resources to make an even greater impact. FFTC's Center for Personal Philanthropy offers programming events and provides opportunities to connect with other charitable-minded individuals.
Your Local FFTC Team
Giving is easy when you partner with FFTC. Our local team works with you every step of the way to ensure you meet your unique goals.
With our finger on the pulse of the nonprofit community, we can help you identify causes and nonprofits throughout the region. Our experienced staff manages gift fund administration and reporting, so you can focus on the joy of giving.
FFTC Donor Advised Fund v. Private Foundation
FFTC Donor Advised Funds are a cost-effective and tax-efficient alternative to private foundations, offering a convenient way to manage your giving to nonprofits throughout the nation.
If you already have a new or established private foundation, FFTC Custom Services can assist with strategic, grantmaking and governance support.
For the Love of Animals
Michael and Lenora Borchardt used an FFTC Donor Advised Fund to expand and relocate an existing spay neuter clinic to downtown Gastonia.
Panthers Sale Leads to $30 Million Gift for Springsteen Foundation
After the sale of the Carolina Panthers, minority owner Derick Springsteen Close contributed $30 million to the Springsteen Foundation, a donor advised fund held at FFTC. The money represented a sizeable percentage of the total proceeds that he realized from the sale of the team to David Tepper.
Real Estate Creates Real Impact
Entrepreneur and real estate investor Peter Fioretti made a gift of commercial real estate via Community Investments Foundation, establishing an FFTC Donor Advised Fund to support an innovative new program at UNC Charlotte’s Belk College of Business.