Yes! You can avoid fees by opening a donor-advised fund at Communities Foundation of Texas. Contact Carolyn Newham at 214-750-4146 or cnewham@cftexas.org to set up your fund today.
Benefits of creating a charitable fund at CFT:
Simple
- Bring strategy and structure to your giving
- Use our staff to support your charitable giving goals
- Receive one tax receipt
Flexible
- Stay personally involved in grant making
- Incur fewer administrative burdens and costs
- Maximum tax benefits - more than a private foundation
- Invest with over 900 other component funds and more than $1 billion in assets
- Donate diverse types of assets
Maximum Impact
- Leverage our community experts who review more than 3,000 nonprofit grants annually
- Benefit from due diligence conducted on every nonprofit of interest
- Use the Giving Guide, a resource for making gifts to local nonprofits for targeted projects
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