Sponsor Donation Recommendations
DAFScore™ : 3.50
Rank : 3.50
AUM
$434.1M
Number of Accounts
1,432
Minimum Balance
$500
Initial Contribution Minimum
$25,000
Grant Minimum Amount
$250
Grant Timing
Within 1 Week
Investment Options
1 - 5
Administrative Fee
1% or More
Founded in 1998, the American Gift Fund was one of the earliest DAFs approved by the IRS. The Board of Directors of the American Gift Fund established the fund with two primary objectives: Improve the availability of philanthropic funds for charitable giving & reduce the cost of charitable giving. AGF has formed a unique relationship with RBC Trust. RBC provides administration, account management, verification of donor advisor grant recommendations, grant payments, and investment management for all AGF DAF accounts.
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
Good
More Information
Sponsor Organization
RBC Trust Company (Delaware) Limited
Sponsor Donation Recommendations
None
International Granting
International grants may be approved if the organization has a postal mailing address in the United States.
Accepts Illiquid Contributions
AGF supports contributions of assets including stock, bonds, mutuals funds, & certain complex assets such as real estate, private business interest, and other illiquid holdings.
3rd Party Advisors
You may name a maximum of two donor advisors to the Fund. A donor advisor maintains certain privileges, including advisory privileges to recommend grant distributions to charities, and naming Successor Donor Advisors. You may also recommend a financial advisor to manage the assets of the DAF.
Political or Religious Affiliation
AGF is independent of any religious or political organizations.
Sell Their Own Financial Products
None
Tax Requirements
AGF expects that grants from the Fund will exceed 5% of its average net assets on a fiscal five-year rolling basis.
Minimum Grant Frequency
No Requirement
Overall Grant Restrictions
Grants may not be made to an organization described in Section 509(a)(3) of the IRS Code (a so-called supporting organization) or to a private foundation.
Provides Anonymity
Whenever AGF makes a grant from the Fund, AGF will notify the charitable recipient of the donor’s name, address and account name, unless the donor has requested anonymity.
Investment Options
You may choose from the following 4 diverse investment strategies: Growth, Total Return, Preservation, & ESG.
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
1.00% on the first $100,000; 0.70% on the next $200,000; 0.60% on the next $700,000; 0.47% on the next $3 million; 0.44% on the next $6 million; 0.35% on amounts over $10 million.
Customer Service
Dedicated team for support. •800-441-7698 •agfteam@giftfund.org
Online Access & Ease of Use
Online Platform
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