Why Philanthropists are Shutting Down Private Foundations

Family Donor-Advised Funds: An Easier Way to Give

St. Louis, Missouri , February 03, 2010 -

YouthBridge Simplifies Foundation Management
with Donor-Advised Funds

Mike Spector wrote in the April 22, 2009, Wall Street Journal that family foundations are shifting their assets to donor-advised funds.  This article may have gone unnoticed by many, but the benefits of following this trend are numerous.  Lower costs, fewer legal restrictions and no minimum annual distribution are three primary reasons for the shift. Add these benefits to the reduced hassle and frustration of the upkeep of a private foundation, and you will see high growth in donor-advised funds as assets are converted to them.

YouthBridge Community Foundation offers donor-advised funds – a simplified and cost-effective way of giving and managing charitable funds – with a unique twist. When you choose to invest in children’s agencies, we leverage your gift by providing capacity-building services to them.  Much of this work is done in partnership with Washington University.  When you choose other agencies, we support your wishes and distribute your gifts to the organizations where your family’s passions lie.  That’s why we call our donor-advised funds, Family Donor-Advised Funds.  We believe philanthropy is about more than tax savings.  It is a way to share family values and pass them on to your children and grandchildren.

YouthBridge has successfully and safely managed assets since 1877.  If you are interested in helping children at risk and want a more simplified approach to your family foundation, visit us at www.youthbridge.org to read about our unique approach to philanthropy and for a comparison of private foundations to Family Donor Advised Funds.  Or, for a personal meeting, please call us at 314-985-6778.  We will show you why transferring your family foundation’s assets to a YouthBridge Family Donor-Advised Fund is both a wise business decision and a good personal one.

Comparison of YouthBridge Family Donor-Advised Funds to a Private Foundation

YouthBridge Community Foundation

Turning Passion into Philanthropy

www.youthbridge.org

314-985-6778