They are a type of fund that allows you to support the issues and organizations you care about. Once you establish a fund using cash, stock, or other assets - you may recommend grants to nonprofit organizations of your choice, without geographic restrictions. The grants will be made in the name of the fund, or, if you choose, anonymously. The Winston-Salem Foundation ensures that grant recipients meet accepted criteria for being charitable organzations and are able to fulfill your expectations for the use of the grants.

• You and your family can recommend grants to your favorite charities and add to the fund at anytime - you can designate up to two generations to advise grants from the fund.
• You can choose to partner with the Foundation to fund competitive grants through Grantmaking Partners.
• The Foundation keeps track of your donations and provides timely gift acknowledgements. The Foundation utilizes professional money managers for the assets. Quarterly statements show all activity in the fund, including grants from the fund and gifts to the fund.
• You can recommend grants on-line, by mail, or by fax.

• Discuss a donor advised fund with your financial advisor or a member of the Foundation's Philanthropic Services staff.
• The Winston-Salem Foundation will customize a fund agreement for you.
• Make an initial contribution.
• Begin recommending grants.

For more information on establishing a fund at The Winston-Salem Foundation, contact a member of the Philanthropic Services staff at (336)725-2382.

• Download Additional Information
•     Download Sample Trust Document
• Compare of Donor-Advised Funds and Private Foundations