Charitable Fund Options | InFaith Community Foundation

Charitable Fund Options

Giving Circles

A giving circle fund at InFaith Community Foundation provides a way for friends, family members or co-workers to collectively support charities and causes. 

What is a Giving Circle or Giving Circle Fund?

A giving circle is a group people who pool charitable gifts to achieve a greater impact. As a group, members make decisions on what organizations to grant to and witness the change their charitable gifts make. Donors make gifts to an IRS-qualified public charity, in this case InFaith Community Foundation (in the form of a donor advised fund), and receive charitable tax deductions. InFaith administers the gifts, holds or invests the assets and offers support and resources to the giving circle.  More: Giving Circle Fund Policies & Guidelines.

How It Works

  1. Give - Give Now, with maximum tax benefits based on how you give. Many giving circles request an annual gift from each member.
  2. Grow - Grow the charitable fund through inviting others and/or investing the giving circle’s assets.
  3. Grant – Giving circle members determine grants to selected charities and causes, when and how they wish.

How to Establish a Giving Circle Fund at InFaith

  1. Create a Fund online, or download and complete the Giving Circle Fund Workbook (and mail to InFaith).
  2. InFaith drafts a Fund Agreement based on the type of giving circle selected and sends it to the chair/fund advisor for signing. The financial representative also receives a copy (if applicable).
  3. For gifts of stock, include copies of either the stock certificates or the most recent brokerage statement. InFaith will contact you with specific instructions on how to transfer the stock.
  4. For gifts of cash, do not send checks now. You may send a check after the Fund Agreement is signed, or members have been invited to give online.
  5. The signed Fund Agreement is returned to InFaith. We countersign and send a copy to the chair/fund advisor, along with toolkit and resources for beginning your giving circle.

Target Audience

  • Church small groups/Bible study groups;
  • Networking/professional associations;
  • Families seeking an affordable alternative to private family foundations;
  • Social groups seeking additional ways to connect;
  • Deepen relationship and educate themselves about philanthropy; and
  • Supporters of charitable organizations, brought together to leverage their giving (i.e. alumni groups, parents, volunteers).

Tax & Financial Benefits of Creating a Giving Circle Fund

  • A Giving Circle Fund can be established with as little as $200/person using gifts of cash or publicly-traded securities or other assets. (Giving Circle Fund minimum applies.)
  • Each donor receives a charitable income tax deduction in the year of the gift. For gifts of cash, the annual deduction limit is 60% (for gifts January 1, 2018 and thereafter) of the donor’s AGI.
  • For gifts of long-term appreciated securities and real estate, the annual deduction limit is 30% of the donor’s AGI, and the donor avoids paying any tax on the gain.
  • Unused charitable deductions may be carried over an additional 5 years.
  • Giving circle members may choose to make additional outright and deferred gifts to the fund over time, or create their own donor advised fund.

Benefits to you, the Financial Professional

Resources to Support Your Work

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