There are numerous advantages to establishing a donor-advised fund as a part of Astraea.

Your fund becomes part of a publicly supported, visible, lesbian organization, while you have the option of being as visible or anonymous as you choose.

You may get a larger tax deduction for current and future gifts.

Since the fund doesn't pay excise tax, there frequently is more available for charity.

Your fund can be set up in a day, rather than requiring months.

Your fund is managed by a full-time, staffed organization with expert advisors.

Your administrative expenses are minimized while your dollars to the community are maximized

The minimum required to establish and name a fund at Astraea is $10,000.

There are a number of giving options and opportunities for establishing funds. Each one is slightly different and provides the donor with varying levels of involvement in the grantmaking process. It is also possible to structure your gift to include more than one kind of fund.
For donors who want specific charities or individuals to benefit from their fund, or want assistance managing the check-writing and correspondence involved with grantmaking, Astraea can professionalize your charitable giving without the responsibilities and costs entailed in running a private foundation. With a donor-advised fund you can refer requests for support to us, suggest we make payments to any charity you choose, or you can tell us your interests or area of focus and we can bring proposals to you. If you wish, you can have your gifts remain anonymous. We take care of all the clerical tasks.

While your recommendations cannot be binding (our board has final say under Internal Revenue Service rules), we take the donor's suggestions very seriously, and as long as they are consistent with Astraea's mission, they will be approved.

TYPES OF FUNDS
Unrestricted Funds
Field of Interest Funds

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