When you make a gift of cash, appreciated stock, or other assets to the Pasadena Community Foundation, we can establish a Donor Advised Fund in your name. The donor acts as as advisor to the fund and can recommend grants to charitable organizations they wish to support.

Donors can choose to establish an expendable fund for current giving and an endowment fund for future giving. Such funds have been compared to philanthropic “checking” and “savings” accounts.

Donor Advised Expendable Funds

Donor Advised Expendable Funds can be opened with a minimum gift of $1,000. The fund balance can be distributed over time to many organizations.

Donor Advised Endowment Funds

With a Donor Advised Endowment Fund, the minimum initial gift of $10,000 is invested in a professionally-managed portfolio. The general investment strategy is to provide prudent management of invested capital while producing a reasonable income for grant making and growth of assets over time. While the corpus of the fund grows over time, the donor can make an annual payout from the fund to one or more charitable organizations.

Build A Fund Over Time through our Community Builder Program

PCF will work with donors who wish to build a permanent endowment fund over time. Ask about our Community Builder program.

Memorial or Honor Funds

Some funds are established with the intent that other donors may also contribute to the fund. Typical examples of this would be Memorial or Honor Funds which pay tribute to an individual. We are happy to accept contributions to such funds from several donors. The Foundation has policies regarding fundraising efforts on behalf of a fund.

Examples of Donor Advised Giving:

Create A Permanent Charitable Legacy
An Effective Alternative to A Private Foundation
Gifts of Real Estate Create A Charitable Fund
Honor and Memorial Funds