Sponsor Donation Recommendations
DAFScore™ : 3.50
Rank : 3.50
AUM
$38.2M
Number of Accounts
193
Minimum Balance
$1,000
Initial Contribution Minimum
$5,000
Grant Minimum Amount
$250
Grant Timing
1 - 2 Weeks
Investment Options
Administrative Fee
0 - 0.5%
The American Center for Philanthropy (ACP) was established in 2001 to increase charitable giving by providing valuable information, unbiased guidance, and advantageous ways to give. ACP's primary purpose is to support individuals, gatekeepers, and non-profit organizations in the transfer of social capital to a meaningful and effective purpose.
DAF Details
International Granting
Accepts Illiquid Contributions
Ability of 3rd Party Advisors
Political or Religious Affiliation
Sell Their Own Financial Products
Tax Requirements
Minimum Grant Frequency Requirement
Provides Anonymity if Requested
Transferability to Another Sponsor
No History of Security Breaches
Customer Service Resources & Quality of Service
Fair
Online Access and Ease of Use
Okay
More Information
Sponsor Organization
American Center for Philanthropy
Sponsor Donation Recommendations
None
International Granting
ACP will not approve grants that are directed to foreign charitable organizations, unless they have a domestic affiliate.
Accepts Illiquid Contributions
ACP will accept contributions of cash or publicly traded securities, including stocks, most mutual fund shares, and bonds. Contributions of privately held company stock and appreciated real estate are reviewed and accepted on a case-by-case basis. ACP will also try to accommodate less traditional assets (e.g. land, art, etc.) subject to Board approval.
3rd Party Advisors
Each donor of an account may select “nominators” for the account. Each account nominator has the authority only to submit grant nominations and recommend the rebalancing of investment pools.
Political or Religious Affiliation
ACP is independent of any religious or political organizations.
Sell Their Own Financial Products
None
Tax Requirements
ACP requires that its total annual grants must be at least 5% of ACP’s average net assets on a fiscal five-year rolling basis.
Minimum Grant Frequency
A grant must be made at least every 5 years.
Overall Grant Restrictions
ACP will not make grants to organizations that have not met 501(c)(3) IRS requirements.
Provides Anonymity
ACP makes grants by check, and the checks bear the name of ACP. A letter from ACP, recognizing the donor or the name of the donor account, will accompany the grant check unless the donor has instructed ACP that he or she wishes to remain anonymous.
Investment Options
You must be a client to discuss investment options and pools.
Transferability to Another Sponsor
Assets can be transfered to another DAF sponsor that is also a 501(c)(3) charitiy.
History of Security Breaches
None
Administrative Fees
An administrative fee of .50% is applied to each account. ACP’s Board of Directors reviews and approves administrative fees annually.
Customer Service
One administrator available for support (not friendly). •507-321-4027 •Option to send a message via Website
Online Access & Ease of Use
Online Platform
Latest News
Subscribe to receive the latest DAF updates and developments