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With a Donor Advised Fund, you can choose to give to the charity of your choice, be it a not-for-profit social welfare charity, arts organization, educational institution, place of worship and the like. For those of the Catholic faith, we can recommend a number of relevant and worthy causes. CASE STUDY: A lover of the arts wanted to give exclusively to the performing arts. So he directed us to apply his gifts to a major concert venue, a local children's orchestra and a school of music. The patron wrote one check and the gifts were made. Subsequently, the donor receives quarterly reports outlining the charitable distributions and their fund's market value. A Few Words on the Merits of Donor-Advised Funds "You've got a staff of people who can help you identify good causes if you are having trouble determining where you want the money to go, and for those of the Catholic faith, you're either directly or indirectly helping Catholic charities." -Carlyn McCaffrey, Esq., Weil Gotshal & Manges See clip ( QuickTime format | Windows Media format ) How to Open an Account For further information or to discuss if a donor-advised fund is right for you, call the Executive Director of The Catholic Communal Fund. She can be reached at 212.588.0624, or by email. The Catholic Communal Fund is not engaged in rendering legal, financial, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
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Copyright © 2006 Catholic Communal Fund of the Archdiocese of New York, Inc. 1011 First Avenue, New York, NY 10022 Inquiries: email | phone. 212.588.0624 | fax. 212.753.5980 Send Me More Information | Download an Application |