Sponsor Donation Recommendations
AUM
$283.0M
Number of Accounts
789
Minimum Balance
$0
Initial Contribution Minimum
$5,000
Grant Minimum Amount
$100
Grant Timing
Within 1 Week
Investment Options
More than 10
Administrative Fee
0 - 0.5%
iGiftFund was founded in 2016 by Phil Tobin with the belief that philanthropy should be simple, straightforward, and enjoyable—without hidden agendas. As an independent sponsor, iGiftFund serves a unique niche, free of unnecessary restrictions and potential conflicts of interest. Phil is considered among the most experienced DAF experts in the U.S. He pioneered one of the country’s earliest DAF’s when he served as CFO of the Cleveland Foundation.
Sponsor Donation Recommendations
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
Great
Okay
igiftfund.org
None
iGiftFund can make grants to foreign charities the following ways: 1.) Give to U.S.-based charities doing international work. You can recommend grants to international causes through established U.S.-based charities that perform work overseas. 2.) Give through qualified charitable intermediaries that facilitate direct grants to international charities, who can vet charitable organizations in accord with IRS regulations projects and process payments to those organizations.
Contributions to your DAF may be made in a variety of ways, including: cash, appreciated securities, real estate, privately held interests, IPO stock, restricted stock, & life insurance.
When establishing your DAF, you may assign one or more primary and successor advisors. The primary advisor(s) may recommend grants from the fund. A successor advisor is typically a child, relative, or friend. Additionally, you may recommend a financial advisor to your fund who will be granted the authority to manage investments & recommend grants on the primary advisor’s behalf.
iGiftFund is independent of any religious or political organizations.
None
There is no tax code requirement for DAF donors to meet a minimum payout requirement.
A grant must be made at least every 3 years.
Under IRS regulations, iGiftFund cannot approve grants to: Individuals, private foundations (except for some private operating foundations), and non-functionally integrated Type III supporting organizations.
For donors who need privacy, iGiftFund provides a number of solutions ranging from total anonymity to full recognition.
iGiftFund provides open investment architecture & works on all investment platforms. When you open your fund, you may recommend an investment strategy for your assets. Unlike many other DAFs, iGiftFund does not offer a limited menu of proprietary investment options. A fund can have different objectives as well as various risk/reward profiles
Assets can be transfered to another DAF sponsor that is also a 501(c)(3) charitiy.
None
The iGiftFund has a tiered fee schedule with basis points (1 basis point= 0.01%) 45.00 basis points on the first $500,000; 22.50 basis points on the next $500,000; 15.00 basis points on the next $1.5 million; 11.25 basis points on the next $2.5 million; 9.375 basis points on the next $10 million; 7.50 basis points on amounts over $15 million.
Dedicated team for support. •800-810-0366 •ask@iGiftFund.org •Phil Tobin, founder of the iGiftFund, believes that large DAF sponsors have lost the personal touch with call-centers. The team at iGiftFund provides top-notch personalized customer service & support.
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