Donor Designated (non-advised) Fund

A Donor Designated (Non-Advised) Fund enables the donor to deposit a pool of funds with The Foundation of the Diocese of Raleigh to benefit a specified number of Diocese of Raleigh ministries. The Fund may be established for a period of years or in perpetuity as long as the Fund is replenished.

Often a Donor Designated (Non-Advised) Fund is treated by the donor as a charitable checking account since the distribution of gifts are restricted to a named Diocese of Raleigh ministry identified at the execution of the Fund. Unlike a Donor Advised Fund, Qualified Charitable Distributions (QCDs) may be used to fund a Donor Designated Fund.

Contact Information

THE FOUNDATION of the ROMAN CATHOLIC DIOCESE OF RALEIGH, INC.

7200 Stonehenge Dr.,
Raleigh, NC 27613
Phone: 919/568-1065
Fax: 919/568-3241
info@FoundationDOR.org

Donor Benefits

The donor may specifically identify the Fund’s charitable recipients (restricted to Diocese of Raleigh charitable ministries)
Maintain anonymity or publicize the name of fund in Foundation promotional materials.
The name of the fund may be shared directly with the recipient ministry if the donor desires.
Knowledge that the fund will be used for the purpose directed by the donor under the management of the Foundation Board of Directors regardless of personnel changes within the ministry.
Flexibility for the donor to advise the Foundation in writing anytime with the desire to disburse funds.
Additional contributions may be made to the Fund at any time by the donor(s) or by others.
Enjoy flexibility in establishing a family charitable fund with a minimum initial donation.
Qualified Charitable Distributions (QCDs) along with gift of cash or appreciated property may be used to fund a Donor Designated Fund.