Donor Advised Services
A donor advised fund offers a simple, low-cost, flexible way to do your charitable giving. By establishing a fund at North Star Fund, you can use North Star's 30 years of experience to amplify your personal philanthropy.
At North Star Fund, we have our finger on the pulse of community organizing and grassroots activism in New York City. You may know which organizations you'd like to support. Or, if you'd like some help finding groups doing good work, for a small fee North Star Fund can help you direct your money to what you care most about.
North Star Fund handles all the administrative record keeping, so you can focus on your charitable interests.
Benefits of a Donor Advised Fund
Expert Guidance: You get the full support of an established, well-respected institution at very modest fees. Your fund is managed by our professional staff working with expert advisors.
A Larger Deduction: You may deduct up to 50% of your adjusted gross income. For contributions to a private foundation, the limit is 30%.
A Tax Deduction This Year: You get an immediate tax deduction for contributions to the fund, even though your grant requests may span several years.
Flexibility and Simplicity: You recommend grants when you're ready--not when some timetable says so. We simplify your record keeping, by providing you the necessary tax acknowledgements and easy-to-read statements.