Funds + Services
Donor Advised Funds
A Donor Advised Fund (DAF) is a charitable giving vehicle administered by a public charity like the International Community Foundation. Created for the purpose of managing charitable donations on behalf of an individual, family or company, it provides an easy, cost-effective way to support the causes you are passionate about in Latin America and beyond.
With a DAF at ICF, donors can take advantage of our vast international grantmaking experience and expertise. Donors will also enjoy fund management services and a dedicated team that serves as financial and philanthropic advisors with unique cultural insights and knowledge of the communities and programs we support in the regions we serve. Through our services, ICF can manage all administrative aspects of the fund and direct the donations to international organizations that align with the donor’s philanthropic goals and interests.
There are two types of Donor Advised Funds at ICF. Depending on your personal goals, Donor Advised Funds can be either endowed or non-endowed.
Minimum Initial Contribution to Open a Fund: $5,000
Donor Advised Endowment Funds
Fund Fee: 0.5%
Donor Advised Endowment Funds guarantee that your philanthropic vision will benefit future generations by offering ongoing financial security for your favorite charitable cause or social issue. Fund assets are invested for growth and income. However, only a portion of the income is spent with the remainder adding to principal growth.
Donor Advised Non-Endowment Funds
Fund Fee: 6%
Donor Advised Non-Endowment Funds help support nonprofits outside the U.S. while offering timely operational support for programmatic initiatives. Unlike an endowment fund, a non-endowment fund does not operate in perpetuity. Assets in the fund are not invested for returns, but rather are used to support current grantmaking needs.
“Friends of” Funds
With a “Friends of” Fund at ICF, non-U.S. organizations can broaden their organizational reach to attract new donors. The fund can be used to solicit tax-deductible donations from U.S. donors in all 50 states. There is no minimum for a donation to the Fund, which allows organizations to attract donors of all sizes.
A “Friends of” Fund at the International Community Foundation is one of the most effective ways for non-U.S. organizations to increase global giving from their U.S. donors. A “Friends of” Fund eliminates the need to establish and manage a 501(c)(3) nonprofit organization in the U.S. It also enables the organization to tap into ICF’s dedicated group of staff, volunteer leaders, and donors committed to creating self-sustaining ecosystems of change.
There are two types of “Friends of” Funds at ICF. Depending on your personal goals, “Friends of” Funds can be either endowed or non-endowed.
Minimum Initial Contribution to Open a Fund: $5,000
“Friends of” Endowment Funds
Fund Fee: 0.5%
“Friends of” Endowment Funds guarantee that your philanthropic vision will benefit future generations by offering ongoing financial security for your favorite charitable cause or social issue. Fund assets are invested for growth and income. However, only a portion of the income is spent with the remainder adding to principal growth.
“Friends of” Non-Endowment Funds
Fund Fee: 6%
“Friends of” Non-Endowment Funds help support nonprofits outside the U.S. while offering timely operational support for programmatic initiatives. Unlike an endowment fund, a non-endowment fund does not operate in perpetuity. Assets in the fund are not invested for returns, but rather are used to support current grantmaking needs.
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