Personal Investments / Donor-Advised Funds

Donor-Advised Funds

A SIMPLE, TAX-ADVANTAGED WAY TO SUPPORT YOUR FAVORITE CHARITIES.

Donor-advised funds are a charitable giving vehicle. This unique fund is designed to simplify your donations, provide tax advantages and help you — and, more importantly, your favorite charities — get the most from giving. At Frost, we partner with the Southwest Community Foundation to facilitate our donor-advised funds.

HOW DOES IT WORK?

A donor-advised fund is a convenient way to consolidate charitable giving into one account.

  • Give: Instead of making individual donations to multiple charities, you contribute one donation to the fund. Donations can be made in the format of cash, stocks, real estate or non-publicly traded assets.
  • Grant: Your donation allows you to recommend grants to eligible charities over time with a minimum grant of $100.
  • Grow: Contributions to a donor-advised fund are generally tax deductible, subject to IRS rules and limitations. Contributions are invested, providing the potential for tax-free growth to support future charitable gifts.

For additional information on when taxes would apply, click here.

WHAT ARE THE BENEFITS FOR YOU?

In addition to the tax advantages and the greater impact of your giving, a donor-advised fund offers you:

  • Convenience: You can submit your grant requests to your Frost wealth advisor.
  • Confidentiality: Every check includes a cover letter that references your fund name or is marked “anonymous” at your request.
  • Flexibility: There are no annual distribution requirements, so you can make as few or as many grant submissions as you choose.
  • Transparency: Quarterly statements provide you with regular updates on fund balance, deposits and grant distributions.
ABOUT THE SOUTHWEST COMMUNITY FOUNDATION

The Southwest Community Foundation (SWCF) and its affiliates have been serving families, businesses and nonprofits in Texas for 50 years. For the year ending December 31, 2023, the foundation distributed over $11 million to hundreds of charities and had more than $69.7 million in assets under management.

www.southwestcf.org

SWCF

Let's Talk

We''ll talk about your philanthropic goals, answer all your questions and walk you through the entire process.

So, whenever you’re ready to make a bigger difference, give your Frost wealth advisor a call.

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