5 Reasons to Open a Donor Advised Fund With Us

“Working with community foundations reduces guesswork in achieving philanthropic goals” – Financial Advisor Magazine

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Donor Guidance 

Our team brings guidance and can connect you to the right resources, all in service of helping you maximize your philanthropic impact in a way that makes sense for your overall wealth plan. When you set up a donor-advised fund with Park City Community Foundation, you recommend where the charitable contributions go, while we handle everything else. 

Your impact is multiplied right away—and that keeps on giving well into the future. With our unique emphasis on nonprofit support, we help you sustain organizations that are making a real difference. And our expertise in long-range investing and giving means you will get the maximum return on every dollar you donate. What is more, because your fund can be designed to address whatever issues are most dear to your heartwe make sure your philanthropy is both personally meaningful and collectively impactful. 

Sound Investment Policies 

We have brought together Park City’s leading financial managers, investment professionals, and accredited investors to form our Investment & Finance Committee. Together, this committee is responsible for upholding Park City Community Foundation’s Investment Policy while making decisions in an efficient, sustainable, and transparent manner. 

Socially Conscious Equity Investments  

In 2020, our Investment & Finance Committee made the decision to transition to “ESG” (environmental, social, and governance) filters to remove investments that are at odds with the Community Foundation’s values. These ESG guidelines more closely align our endowment with Park City Community Foundation’s focus on the people, place, and culture of our community. The same filters apply to Donor Advised Fund Equity Investments. Read More >> 

Socially Responsible Grantee Due Diligence 

Sponsor Organizations of donor advised funds are required to ensure funds are disbursed to entities that meet certain criteria. As an added layer of due diligence, Park City Community Foundation will not issue fund disbursements to organizations that explicitly attack or malign, or espouse poor treatment of, or reduce the legitimacy of, individuals or groups of individuals, on the basis of their having certain perceived or physiological characteristics, including, but not limited to, race, color, religion, national origin (including membership in a Native American tribe), sexual orientation, gender, gender identity, mental or physical abilities, and/or organizations with policies or practices that do not align with the Foundation’s mission, core values, and commitment to equity, diversity and inclusion.    

Account Fees are Reinvested in Our Community 

When you host your donor advised fund at Park City Community Foundation, you are increasing and accelerating our impact on the community as conveners and supporters of local nonprofits through grants, education, and collaboration opportunities. Specifically, Donor Advised Fund management fee revenue supports our Community Fund grant program. This is an annual grant program established in 2010 which has grown to $275,000 and 52 grantee organizations as of 2021. This fund supports community work in the areas of climate, early childhood & pre-school readiness, mental health, supplemental education school district support, trail maintenance, youth sports activities, arts, and many other sectors which support and enrich the lives of those living and/or working in Summit County, UT.