A Donor Advised Fund gives individuals, families or businesses the opportunity to participate in grantmaking by recommending nonprofits and programs to receive grants. It is a simple, personal and highly effective way to give.
A Designated Fund provides funding for a specific nonprofit organization or purpose.
In both instances, MAF handles all of the administration, record keeping, and financial statements for the funds.
- Assets of other Trusts or of a Private Foundation
- Cash Gifts
- Grain and other Cash Crops
- Life Insurance
- Mutual Funds
- Real Estate
- Stocks and Securities
If you have questions about the assets we accept, please contact us.
When Ryan McKeown meets with clients at Wealth Enhancement in Mankato, he asks the questions that most other financial advisors ask about current cash flow, expected income and goals for retirement. But then he pops another question as well: How much do they want to be able to give away, even in retirement? “If you want to be able to continue a certain level of charitable giving after you retire, you should be planning for that now,” McKeown says. “If you want to be able to fund your giving for another 20 years, then I might recommend a strategy like starting a donor-advised fund now.”