The Waverly Advisors Donor-Advised Fund Program, offered in partnership with Renaissance Charitable Foundation Inc. (“RCF”), provides donors with a straightforward way to support charitable causes. Through this program, donors may make immediately deductible contributions of cash, securities, or other assets to establish or add to a Donor-Advised Fund. Donors retain the ability to recommend grants to qualified charities, while RCF maintains exclusive legal ownership and discretion over distributions in accordance with applicable IRS regulations. Assets contributed are professionally managed by Waverly Advisors, LLC, offering the potential for growth and increased charitable impact over time. RCF is a public charity described in §§170(c)(2)(B) and 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), and further qualifies under §509(a)(1) of the Code.
Resources and Forms
There are two simple ways to begin:
1. If you’d like to set up a fund on your own, select Create New DAF
2. Or, contact your financial advisor—or a Waverly Advisor—to discuss whether a DAF is right for your financial situation. You can reach a Waverly Advisor at 219.736.8902.
Once you’ve decided to open a fund, you’ll complete a short application to outline your charitable intentions. You’ll have the opportunity to name your fund, designate grant advisors or successors, identify charitable areas of interest, and establish your initial contribution (minimum $5,000). Additional contributions can be made over time, giving you flexibility to grow your fund and expand your impact.
