Donor Advised Funds allow you or others you designate to recommend grants to organizations of your choice.  Final grant allocation is the responsibility of the Foundation's board of directors, carefully considering your wishes.  A Donor Advised Fund can be established with as little as $10,000. Services The Foundation provides comprehensive administration services for Donor Advised Funds, including Providing information about nonprofit organizations Matching donor interests to community needs Offering opportunities to see community programs in action Providing documentation donors need to report contributions to the Internal Revenue Service Providing confirmation of all gifts received and grants made Providing quarterly fund statements listing gifts, grants, fees, interest and investment performance (This information is also available to donors through the Foundation's online FundLink service.) Grants Donors can recommend grants to: U.S. charitable organizations that are tax-exempt public charities (501(c)(3) State or local government organizations, including schools and libraries Churches, synagogues and other religious organizations The minimum grant amount is $100. If the Foundation has not previously made a grant to a particular organization, we will contact the organization and request the information necessary to make a grant. To recommend a grant, all donors need to do is fill out a grant recommendation form. The Foundation will handle the rest of the administrative tasks involved. Strategic Investment Program The responsibility for managing the investment of donor advised funds is handled by an Investment Committee appointed by Minnesota Community Foundation's Board of Directors. This committee works closely with the Foundation staff and consulting advisors to set policy, establish performance benchmarks and continually monitor the Foundation's investment portfolio. To achieve donors' philanthropic objectives, the Foundation provides four investment portfolios: Balanced Portfolio. Seeks to maintain purchasing power of assets through a target allocation of 50 percent domestic stocks, 15 percent international stocks and 35 percent fixed income/real estate. Money Market Portfolio. Seeks to preserve principal by investing solely in money market funds, which are designed to maintain a relatively stable share price. Fixed Income Portfolio. Seeks a competitive level of income commensurate with current market conditions through a 100 percent allocation to an intermediate bond mutual fund. Diversified Equity Portfolio. Seeks to provide growth of capital through a target allocation of 80 percent domestic stocks and 20 percent international stocks. For more information download, "Donor Advised Fund Investment Program."