A Giving Strategy Offering More

Maximize the impact of your philanthropy, streamline the administration of your charitable contributions over time, and take advantage of potential tax benefits with a Glenmede Donor-Advised Fund (DAF).

Private Wealth Donor-Advised Fund

Making an Impact

A DAF is an account that allows you to support the charitable organizations that matter to you. With a DAF, you can:

Contribute cash and other assets to the account
Receive an immediate tax deduction
Recommend grants to charitable organizations over time

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Benefits of a DAF

A DAF can present many advantages to both you and the charities you want to support.

Tax-Advantaged Growth

Assets contributed to a DAF may continue to grow while dedicated to charitable purposes.

Flexible Giving Over Time

Support the charitable organizations and causes you care about on a timeline that aligns with your philanthropic goals.

Anonymous Grantmaking

If you so choose, recommend grants without publicly disclosing your identity.

Family Giving & Legacy Planning

Involve future generations in philanthropy through successor advisor designations.

Optimizing Charitable Contributions with a DAF

Getting Started is Easy

Establishing and using a DAF can be straightforward. Your Glenmede Relationship Manager can help guide you through each step of the process.

Flexible Contribution Options

DAFs can accommodate a wide range of assets, helping you to support charitable goals in a way that aligns with your financial circumstances and philanthropic objectives.

Cash & Publicly Traded Securities

Contribute cash, stocks, bonds, and mutual funds to support your charitable goals.

Business Interests

Certain closely held business interests may be eligible for contribution.

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Real Estate

Qualified real estate assets may be contributed to a DAF as part of a charitable giving strategy.

Private Investments

Explore how certain alternative and privately held assets may be incorporated into your philanthropic planning.

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Life Insurance & Retirement Assets

Certain beneficiary designations may support long-term charitable goals.

Complex Assets

Work with Glenmede to evaluate unique assets and charitable giving opportunities.

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Real Life Examples of DAFs at Work

Moving from a Private Foundation to a DAF

Supporting Evolving Charitable Priorities

Building a Multi-Generational Giving Legacy

Integrating Giving Into a Broader Wealth Strategy

About the Glenmede DAF Program

The minimum initial contribution is $25,000, with $5,000 for subsequent contributions.
The Glenmede DAF is administered and sponsored by National Philanthropic Trust (NPT), a tax-exempt public charity that maintains exclusive legal control over contributed assets and handles tax reporting.
The value of the DAF account will fluctuate with market performance. Income earned by the DAF includes interest, dividends, capital gains distributions from mutual funds, and other investment income.
DAFs have contribution and grantmaking deadlines.

Frequently Asked Questions

What is a Donor-Advised Fund?

A donor-advised fund (DAF) is a charitable giving account that allows individuals and families to make irrevocable contributions, receive a potential immediate tax deduction for eligible gifts, and recommend grants to qualified charities over time. Assets contributed to a DAF may also be invested, allowing funds designated for charitable purposes to potentially grow before grants are distributed.

Are Donor-Advised Funds a good option for year-end charitable giving?

A DAF can help simplify year-end charitable giving by allowing donors to make a contribution before the end of the tax year while taking additional time to determine which charitable organizations to support. This flexibility can be valuable for donors seeking to maximize the impact of their philanthropy while coordinating charitable gifts with broader financial and tax planning objectives.

What assets can be contributed to a Donor-Advised Fund?

In addition to cash, many DAFs can accept a range of assets, including publicly traded securities, mutual funds, real estate, life insurance policies, and certain privately held business interests. Contributing appreciated assets may provide additional tax advantages while supporting your charitable goals. Donors should consult with their tax and financial advisors regarding their specific circumstances.

The Glenmede Donor-Advised Fund is offered under an agreement between The Glenmede Trust Company, N.A. (“Glenmede”) and National Philanthropic Trust (“NPT”), a tax-exempt public charity. NPT administers and sponsors the Fund and maintains exclusive legal control over contributed assets. Glenmede serves as NPT’s investment manager for the Glenmede Donor-Advised Fund. Contributions to the Glenmede Donor-Advised Fund are irrevocable and cannot be redeemed or reclaimed by donors. For more information on the Glenmede Donor-Advised Fund, including the fees, risks, and other factors to consider when deciding whether to open an account, please contact your Glenmede Relationship Manager or visit https://info.glenmede.com/donor-advised-fund. This material is provided solely for informational and/or educational purposes, does not provide any financial, investment, tax, legal, or other advice, and should not be construed as a recommendation to take any particular course of action. Information obtained from third-party sources is assumed to be reliable but may not be independently verified, and the accuracy thereof is not guaranteed. Any potential outcome discussed, including but not limited to performance, legislation, or tax consequence, ultimately may not occur. The information presented is current as of the date of publication and is subject to change. Readers should contact Glenmede or consult with a financial, investment, tax, legal, or other advisor if they have any questions about this material or want advice or more information.