The Asian Pacific Community Fund (APCF) offers donors the option of setting up a Donor-Advised Fund, a philanthropic vehicle that allows donors to centralize charitable dollars in one convenient account – providing maximum tax advantages as well as flexibility of grant making.
The Donor-Advised Fund is held by APCF where the donor, or a committee appointed by the donor, recommend eligible charitable organizations for grants from the fund. Furthermore, for an additional fee, APCF will run a full grant process to solicit agencies to apply for funding based on the donor’s giving priorities.
The advantage of creating a Donor-Advised Fund through APCF is that our staff can help to educate and guide the funding decisions of donors who may be unfamiliar with the broad and diverse range of nonprofit organizations in the Asian and Pacific Islander (API) community. APCF has a long history as a leader in the API community, providing assurance that funds will be channeled to programs that best address the donor’s giving priorities.
In addition, donors may make a donation today to benefit from the tax deduction but distribute the funds at a later time. This may be an advantageous option for donors who may not know at this time how they want their funds distributed and/or because donors may want to accumulate additional funds for a larger distribution at a given time.
ADVANTAGES OF A DONOR-ADVISED FUND AT APCF
Easy to Begin – all you need to do is sign the agreement and make a minimum contribution of $1,000.
Maximum Tax Advantage – you receive an immediate tax deduction for each contribution you make to your fund. When you contribute marketable securities, real estate, or stock, you also avoid capital gains taxes.
Accumulate Charitable Dollars for Greater Impact – you may accumulate your charitable dollars in your fund and make a larger grant or distribution to a charity at a later time.
Low Cost to Administer – APCF charges a low annual fee of 1.5% of the balance assessed monthly, with a minimum annual cost per Donor-Advised Fund of $150. (Fee is assessed quarterly for invested funds.)
Affordable Alternative to a Private Family Foundation – your charitable giving is made with ease and cost effectively, without the limitations, expenses, and onerous financial and legal requirements associated with a private foundation.
Create a Family Legacy/Honor a Loved One – you may name a Donor-Advised Fund for your family, and grants issued from that fund will carry your family’s name now and for the next generation. It’s a gift that can keep on growing. Once established, anyone can make tax-deductible contributions to your fund at any time, in any amount. You and/or your family participate in the grant making process by identifying specific charities or worthwhile projects, and recommending grants to support them.
Knowledge and Expertise – APCF staff is available to share extensive philanthropic experience, knowledge, and expertise of the Asian and Pacific Islander communities, provide information about emerging issues and giving opportunities, and assist you in your grant making.
10 Grants Allowed Per Calendar Year – APCF issues up to 10 grant distribution checks from your fund at no charge. Additional grant checks can be made for a nominal fee. Minimal grant recommendation is $100.
• Marketable Securities
• Closely Held Stock
• Mutual Fund and REIT Shares
• Bonds (Corporate or Municipal)
• Retirement Plan Assets (e.g., IRA’s and Keoghs)
• Insurance Policies
• Remainder or Lead Interest of a Charitable Trust
• Real Estate
OUR CURRENT DONOR-ADVISED FUNDS
Albert & Grace Chang Fund
Alex Chiu & Huei M Cheng Fund
B Chu Fund
Charles & Angela Chu Fund
Charlie Woo Fund
Che-Yang & Show-Mei Huang Fund
Ching Family Fund
Chou Family Fund
Christine Yu Fund
D Fong Fund
David & Chouer Chen Fund
Hsien Jer Hsu & Wan Chen Lo Fund
Jason & Alice Chen Fund
Jennifer & Alan Chuang Giving Fund
Jeremy & Ling-Hsin Hsu Fund
Joseph & Cindy Kuei Fund
Kevin & Lih-Jiau Chen Fund
Kong-Tay & Nancy Wu Fund
Kwei Kuang Hsu & Green Shiao Ching Hsueh Fund
Lai Wah Chun & Chu Yuet Jan Memorial Foundation
Lee & Ma Family Fund
Lihui Sang & Baotong Liu Fund
Lisa Su Fund
Meei Ling Chen Fund
Michael Yap and Susan Moon Fund
Moringa Love More Fund
Pan & Chang Family Fund
Pui-Wang & Tsui Yu Chan Fund
Robert Fan Yang Tzeng Fund
Santa Monica Nikkei Hall Fund
Shang Cheng Wu & Mei Ho Fund
Simply Help Fund
Yen & Kuo Family Fund
Yin H & Su Jen Lai Fund
For more information or to set up a Donor-Advised Fund, please contact Chun-Yen Chen at (213) 624-6400 ext. 2 or email firstname.lastname@example.org.