Creating a donor advised fund with Local Philanthropic is easy, just complete the new fund application and select your funding method. The account application form can be found HERE and also in our “Forms” section.

You will be able to create your own fund name, which can be as simple as your family name (The Smith Family Foundation) or as a reflection of the nature of your charitable mission (The Smith Fund for Education). With each grant recommendation, you may elect to be acknowledged by the account name or preserve your privacy and select anonymity.

The new account is typically funded either by cash or often with donated securities, like stocks or bonds. The minimum account size is $5,000.

We must also establish an investment strategy for your donated funds. Local Philanthropic offers five main investment styles, ranging from less- to more-risky strategies, or you can recommend a custom investment allocation. More information on investment strategies can be found HERE.

Once the fund is created, you will be issued login credentials which will allow you to view account information at any time. It also contains comprehensive charity reviews and a way to make grant recommendations online.