Creative Giving Options that Fit Your Unique Calling
Pursuing revolutionary biblical generosity in your own life may or may not include a donor advised fund. The Signatry offers several opportunities to integrate a donor advised fund with other giving tools that make sense for you.
Your unique situation, calling, and goals will inform what charitable giving tools are right for you.
Our team can help you find charitable solutions that can maximize your generosity and support the mission God has given you.
3 Other Giving Tools at The Signatry
Charitable Remainder Trusts
If you have considered establishing a charitable remainder trust (CRT) but are not yet sure of the beneficiary, you can designate your donor advised fund as the beneficiary. Once the trust assets are donated to the donor advised fund, the fund advisors may recommend grants to multiple charities. This can reduce or eliminate the legal fees typically associated with changing your giving plan after your charitable remainder trust is set up.
In this way, a donor advised fund does not have to be an alternative to a charitable remainder trust, but a complement.
Learn more about charitable remainder trusts and donor advised funds:
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Designated Funds
Donor advised funds are not able to receive qualified charitable distributions (QCDs) from an IRA account.
However, a designated fund with The Signatry is eligible to receive qualified charitable distributions. Grants from a designated fund can only be sent to a single charity, specified when the fund is opened. This makes designated funds a flexible charitable tool for individuals over age 70 ½ who would like to make donations instead of taking a required minimum distribution that might increase their taxable income.
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Donating Life Insurance
There are two ways to incorporate your life insurance policy in your charitable giving strategy via a donor advised fund.
Name your donor advised fund as the beneficiary of your life insurance policy. You may change the beneficiary at a later date if needed.
Name The Signatry the owner of your life insurance policy, and name your donor advised fund as the beneficiary. With this method you may receive an immediate tax deduction for your donation.
Learn more about each way to donate your life insurance policy:
Download Fact Sheet