DAFs are quickly becoming the preferred way to give. Over 25% of all charitable dollars now flow through DAFs each year. Given their advantages, it’s no surprise.

Donor-advised funds are a powerful giving vehicle that can help your clients:

• Optimize their tax deductions

• Receive tax benefits from donation of appreciated assets

• Grow their charitable balance tax-free

As a trusted stakeholder in your clients' financial journey, you have the power to invite your clients into a richer philanthropic life through your custom giving program.

Client-facing collateral

We recommend leveraging this 2-Pager with clients as collateral to help you introduce them to your firm's custom giving program:

How to explain donor-advised funds to your clients

Though Charityvest for Advisors has been designed with simplicity in mind, this may be the first time that some of your clients are encountering the concept of donor-advised funds.

Generally speaking, though donor-advised funds are a powerful strategic giving tool, they can be challenging to describe.

A donor-advised fund is a tax-deductible financial account for giving. A phrase we like to use to help people understand them is "it's like a 401k, but for giving".

Educational resources

Depending on your client's depth of knowledge on the topic of donor-advised funds and purposeful philanthropy, we recommend these resources to help them make the most of your firm's custom giving platform.

Giving quiz

Particularly if your client is new to the world of donor-advised funds, the Charityvest giving quiz can help them understand the benefits of a DAF given their charitable and financial goals.

You can invite your client to complete this quiz independently, and share their results, or to do so alongside you. We believe it can prompt meaningful discussion and encourage their commitment to your giving plan.

It includes the following questions:

Informational videos

In a world where we all have increasingly short attention spans, video content on digestible topics is a great option for communicating specific information to your clients on an as-needed basis.

Here are some videos that may be relevant to your client community:

Learning center

The Charityvest Learn Center features collections of articles curated by topic to support education on purposeful giving. Here are the collections as they may be relevant to your client community at each stage of purposeful giving:

• Tax-efficiency:
• Legacy:
• Strategic charity:

DAFs 101: The definitive guide to donor-advised funds

For clients who are eager to understand all there is to know about donor-advised funds, we have designed a comprehensive primer guide on donor-advised funds. This may also be helpful as refresher material as you need it. It's contents include:

For your ease of reference, here are the Charityvest for Advisors downloadable PDFs:

Advisor-facing 1-pager

Client-facing 2-pager

DAF comparison 1-pager

Philanthropic service partner 1-pagers

When you're ready to join your firm's custom DAF platform, here are the first steps to set yourself and your clients up for success:

Advisor Dashboard tour

Your advisor account is where you can access your firm's custom giving program to open DAF accounts, initiate contributions, and manage investing on behalf of clients.

This video is a brief walkthrough of your experience as an advisor.

Create your advisor admin account

If you're reading this, you may already have access to your advisor login. If so, you can skip ahead to the next step.

Otherwise, in order to get started with your advisor account:

1. Reach out to your firm's program manager. Your firm's main contact for Charityvest for Advisors will be able to invite you to the platform. We recommend providing them with your work email for this account.

2. You will receive an email invitation from Charityvest (be sure to check your Junk folder for an email from: info@notifications.charityvest.org).

3. Claim your advisor account by following the instructions in the email.

Update your profile picture

Connect with your clients and build trust through your firm's custom giving platform by putting a face to your name. To add a profile picture to your advisor account, once logged in to your account:

• Click your name in the top right-hand corner of the Dashboard.

• Click Profile from the dropdown menu bar. You will be redirected to your advisor account profile.

• Under Personal Profile, click to add or change your photo. Your image will be cropped to a square size, and must be less than 250 KB.

Invite a client

You may have a client with an existing donor-advised fund that is eager to expand their giving via your firm's custom giving platform, or you may identify a client without a donor-advised fund that would benefit from your firm's custom DAF accounts.

View investing options

At this time, you have the option to maintain a client's DAF balance in cash or in a selection of custom portfolios.

Manage client contributions

Once your client has accepted their invitation to their giving account, it is possible to add to their DAF account balance with a contribution.

Differentiate your advisory services

Charityvest has partnered with your firm to deliver a modern giving experience to your clients through advisor-managed donor-advised funds. Your custom donor-advised fund platform enables advisors to:

• Engage clients with a custom giving program. Strengthen trust and highlight the value of your relationship with your advisor profile connected to a modern, branded experience.

Why advisors love Charityvest for Advisors

There are many reasons to consider leveraging Charityvest for Advisors with your clients:

• Giving accounts for your clients. A streamlined program for advisors to open and manage accounts paired with a beautiful interface for clients.

• Simple Charityvest custody. Maintain accounts directly with Charityvest’s native custodian and enjoy automated DAF administration, including automatic liquidation and rebalancing to fund grants.

Why clients love Charityvest for Advisors

Here is why Charityvest for Advisors is a modern giving experience for clients:

• Clients enjoy a simple, easy-to-use DAF experience. Offer your clients a seamless giving experience.

• Responsive donor support. A human support team will delight clients with answers to their questions while protecting the advisor’s time.

Services delivered via partnership

In addition to platform offerings, Charityvest for Advisors is aligned with partners who offer best-in-class services.

Standard fees apply to donations processed through our third party partners, and can be deducted from contribution proceeds.

With Charityvest for Advisors, you can choose between two DAF account types for each of your clients:

2. Cash: The balance of this donor-advised fund account is held in cash, but is free to use. This is recommended for low balance accounts.

When to consider an Invested account

The Invested account is the default option for your firm's clients, because it offers a more robust experience for clients and advisors. The benefits include:

• Tax-free growth on client giving account balances, to enable them to give more over time.

Client fee overview

Here is a breakdown of the fee structure for each account type:

Here is an example of Invested account fees at various balance levels:

What is the advisory fee?

With the Invested account type for a client, you have the option to assess an advisory fee on their donor-advised fund account, automatically deducted from their DAF balance on a monthly basis and distributed to your firm.

This is possible, as per IRS regulation of donor-advised funds, an advisory fee may be assessed on the DAF as due compensation for guiding the investment strategy of the assets within the DAF.

For all Invested DAF accounts, the advisory fee is selected by your firm.

If you wish, you can waive this advisory fee for individual clients on a case-by-case basis.

Advisory fee timing

Fees accrue daily based on your client's DAF daily ending balance and the fee schedule applied. They are deducted from the account balance on the first business day of the month. Here are some key terms to understand:

• Last fee charged is the fee amount assessed on the account during the specified period.

• Average daily balance is the sum of each day's ending balance divided by the number of days in the period.

• Blended fee rate is calculated as the annualized fee for the period divided by the average daily balance.

What is the admin fee?

If you select the Invested account type for a client, their account will be subject to a admin fee, automatically assessed monthly and deducted from their DAF balance.

Charityvest admin fees are among the lowest in the industry, starting at 45bps and blending down based on fund balance. Here is a breakdown of the annualized admin fee at each balance level:

Admin fee timing

Fees accrue daily based on your client's DAF daily ending balance and the fee schedule applied. They are deducted from the account balance on the first business day of the month. Here are some key terms to understand:

• Last fee charged is the fee amount assessed on the account during the specified period.

• Average daily balance is the sum of each day's ending balance divided by the number of days in the period.

• Blended fee rate is calculated as the annualized fee for the period divided by the average daily balance.

Create a client account

When you are ready to invite a new client under your umbrella as an advisor in your firm's giving program, here are the steps to add them:

• Log in to your advisor account Dashboard.

• Click the Add Client button.

• Enter your client's first name, last name, and email in the fields provided.

• Click the checkbox Send welcome email to client with login details. If you do not select this checkbox, your client will be added to your dashboard but will not yet be notified about your firm's DAF program. You can opt to send their invitation at a later date.

• [Optional] Enter their internal client ID for your reference.

• Click the Continue button.

• Review the new client account details. If accurate, click to Create account & send invite button. If you have selected to send them a welcome email, they will receive login instructions to claim their account.

• Under your advisor Dashboard, you will see your new client listed as Pending until they claim their account.

You will not be able to make any adjustments to a Pending client account until they complete their account setup and agree to the terms of the program.

Once your client claims their account, you can click on your client's name to view their profile, adjust their investment portfolio, and make contributions on behalf of your clients.

Send your advisor enrollment link

If you wish to share your access to your firm's giving program with clients more broadly, or a client wishes to sign up independently, you can invite a new client under your umbrella as an advisor in your firm's giving program with your shareable advisor enrollment link. Here are the steps to retrieve your unique link:

• Log in to your advisor account Dashboard.

• Click the Add Client button.

• You will see your unique advisor enrollment link at the top of the form. Click Copy link to copy the link address.

• Share this link at your discretion with clients.

Request to manage an existing client Charityvest account

It is possible that your client has an existing Charityvest donor-advised fund account. If so, you can invite them to move their account to your firm's giving platform, instantly.

Since they already have a Charityvest account, you can invite them to your firm by using the email associated with their Charityvest account. They will receive an email request to approve you as their advisor. Once they accept this request, you will be able to view and manage their profile from your advisor account.

How to (re)send an invitation to a client

You may have initially chosen not to notify your client upon creating their account. Alternatively, you may need to send your client a reminder email to claim their account. Either way, you can use your advisor account to trigger an invitation email to your client with their login details.

Here are the steps to send or resend a client invitation:

• Log in to your advisor account Dashboard.

• Search or scroll to locate your client's name.

• Next to the mail icon, click the blue hyperlink text, Send invite or Resend invite.

• Click the Send invite button to confirm. The invite will be delivered to the email address associated with your client's account.

Here are some common questions we thought might be valuable to address, organized in accordance with the overall structure of this guide:

Should I move clients over to my firm's custom giving platform if they have an existing DAF?

It's easy to move a client DAF to your firm's giving platform, if you wish. You likely have one or more clients with existing donor-advised funds at other sponsoring organizations. Though you are not required to move any of your existing client DAFs to your firm's custom DAF program, we encourage you to compare it to their existing DAF. We also recommend that you open any new client donor-advised funds via your firm's giving program.

How can my assistant access my advisor account?

For security purposes, only share your login information with your trusted associates.

What fees apply to Charityvest for Advisors donor-advised funds?

It depends. With Charityvest for Advisors, you can choose between two DAF account types for each of your clients:

2. Cash: The balance of this donor-advised fund account is held in cash, but is free to use. This is recommended for low balance accounts.

What forms will advisors or clients need to sign?

None. If you have experience with other donor-advised fund providers, you may be anticipating a list of required forms that you and your client must sign to initiate account activity. With Charityvest for Advisors, there are no forms. Here is why your clients are able to experience the joy of giving, form-free:

What do I do if my client already has a Charityvest account?

Invite them to your firm's custom DAF platform. It is possible that your client has an existing Charityvest donor-advised fund account. If so, you can invite them to move their account to your firm's program, instantly.

Since they already have a Charityvest account, you can invite them to your firm's program by using the email associated with their Charityvest account.

They will receive an email request to approve you as their advisor. Once they accept this request, you will be able to view and manage their profile from your advisor account.

Does Charityvest for Advisors support complex asset donations such as real estate or business interests?

Does Charityvest for Advisors support qualified charitable distributions from a client IRA?

No. As per IRS regulation, it is not possible for a donor-advised fund to receive qualified charitable distributions (QCDs).

Since client accounts on your firm's giving platform are legally designated as donor-advised funds, clients will not be able to leverage their DAF accounts for their IRA distributions.

We recommend you still encourage clients to make the most of QCDs through giving to qualified 501(c)3 charities.

Your client is still welcome to make a contribution to their donor-advised fund account via IRA, though their distribution would count towards their annual income for tax purposes.

Where are DAF assets custodied?

Charityvest brokerage partners. As the donor-advised fund sponsoring organization for your firm's custom giving program, Charityvest has partnered with digital-first broker Alpaca Securities LLC to custody and provide an operationally efficient, no-hassle DAF solution. For mutual funds, Charityvest partners with Atomic via BNY Mellon Pershing.

How does rebalancing work?

If a client requests a grant, invested assets are automatically liquidated to fund the grant.

What is the minimum to invest?

What are my investment options?

Your firm's selection of custom portfolios. At this time, you can select from portfolios curated by your firm.

To learn more about your investing options, contact your firm's Charityvest for Advisors program manager.

Can I turn off my advisory fee?

What will my client see when I invite them to Charityvest for Advisors?

A beautiful interface for giving. The account view you have as an advisor slightly differs from what a client sees when they receive an invitation to your firm's custom giving platform.

How can I help my client make a grant?

As a trusted stakeholder in your client's financial life, they may lean on you for guidance when looking to make a grant from their DAF account. Some key aspects of the grantmaking process include:

With your firm's giving program, it is easy to facilitate a contribution of long-term appreciated securities on behalf of your clients, enabling them to deduct the full fair market value of the donated asset, avoid capital gains taxes, and use the full liquidated value for charitable giving.

There are two ways to contribute securities on behalf of your client:

Stocks & ETFs

To make a contribution of stock on behalf of your existing giving program clients:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Make a contribution button (only available once a client has accepted their invitation).

• Select the Donate ETFs, equities, or fixed income button.

• On the Contribute stocks and ETFs screen, retrieve your client’s unique account information.

• Follow your brokerage process to initiate a charitable gift of stock. Once the contribution is received by our brokerage, it will automatically be liquidated and the proceeds will be posted to your client's balance.

Mutual Funds

To make a contribution of mutual funds on behalf of your existing giving program clients:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Make a contribution button (only available once a client has accepted their invitation).

• Select the Donate mutual funds button.

• On the Contribute publicly-traded securities screen, retrieve the omnibus mutual fund receiving account information.

• Follow your brokerage process to initiate a charitable gift of mutual funds. Once the contribution is received by our brokerage, it will be liquidated and the proceeds will be posted to your client's balance.

Tax considerations

Upon a successful contribution of stock and/or mutual funds, your client will receive an estimate of the tax-deductible value of their stock and ETF donations at the time the gift is posted to their account.

For stocks and ETFs, we use the IRS recommended method and use the simple average price of the publicly-traded security on the day we received it. Specifically, we take the day's low price and the day's high price, and we average them.

While not often advantageous from a tax perspective, your client may use distributions from their individual retirement account (IRA) to contribute to their donor-advised fund account.

To do so, you would need to assist your client in:

• Taking a distribution from their IRA.

• Including the distribution as part of their annual income for tax purposes.

Qualified charitable distributions (QCDs)

If your client is at the age where they must take the required minimum distribution (RMD) each year, they may wish to contribute some or all of this RMD for charitable purposes to optimize their tax benefit and philanthropic impact. This is possible for clients via qualified charitable distributions (QCDs).

IRS prohibits DAFs from receiving QCDs. However, Charityvest can receive QCDs into a specialized fund type called a single identified organization fund, which makes distributions only to a single eligible charitable organization.

QCDs must be issued in the name of the charity (in this case, Charityvest, Inc.). For additional information including payment address and/or bank transfer information, please contact support, and we will be glad to assist you in completing the QCD on behalf of your client.

Once your client has accepted their invitation to your firm's DAF program, it is possible to add to their account balance with a contribution.

There are several accepted DAF contribution methods. As an advisor, you can assist your client to complete the following types of contribution:

Clients can also make the following contributions independently:

Timing expectations

Once you have initiated a client's contribution, depending on the modality, you should see it appear in your client's account balance within 1-2 business days from when the Charityvest operations team receives it.

At this time, only your firm's program manager has access to configure a collection of portfolios available for your custom giving program.

From your advisor account, you can currently view all available portfolios via the Portfolios tab.

To view your firm portfolios:

• Log in to your advisor account Dashboard.

• Click the Portfolios tab on the left-hand menu bar. You will see a list of available portfolios, along with the sum of your clients' DAF assets invested in each portfolio, and # of clients invested in each portfolio.

• Click on a specific portfolio name to view a breakdown of asset allocation and names of clients invested with the chosen portfolio.

You are a trusted stakeholder in your clients' giving journey. With your firm's custom giving program, you can confidently address your clients' philanthropic inquiries and help direct their DAF dollars effectively.

Your clients can give from their DAF accounts via:

Make a grant on behalf of your client

To make a grant on behalf of your client:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Grant to charity button.

• Search for your client’s chosen charity via name or EIN. Their favorite charities will be displayed.

• Select the One-time grant or Recurring grant tab, depending on your client’s needs.

• Enter the grant Amount.

• Review your client's source of funds. Our system will default to drawing down from your client’s fund balance. If the amount of the grant is greater than their fund balance, their linked funding source (such as a credit card or bank account) will be debited to cover the remaining amount.

• Update the Purpose, Frequency, and information sharing details as per your client’s preferences. Click the Continue button.

• Review the grant details, and click the Submit on behalf of [your client] button.

Your firm's custom DAF program is part of their commitment to make giving a key capability and to add more value to clients.

Each of your firm's clients will have access to a DAF managed by their advisor.

It may be valuable to understand some background information on Charityvest as you get acquainted with your firm's new capability:

About Charityvest

Charityvest serves individuals, communities, organizations, and now advisors, by leveraging modernized donor-advised funds, or tax-deductible giving accounts.

Charityvest organizational overview

Charityvest legal compliance

Charityvest security posture

Charityvest annual report

As an advisor, you can support your clients who are looking for structured guidance as they design their philanthropic plan by requesting to partner with Charityvest for Advisors certified philanthropic advisors.

What is philanthropic advisory?

Philanthropic advisory helps clients maximize their charitable impact through expert guidance on strategic giving, such as identifying preferred causes, evaluating nonprofits, and planning donations. It ensures your client's grantmaking aligns with their values, resulting in more meaningful contributions to society that help your client maintain the motivation for giving over time.

Philanthropic advisors are not involved in financial planning, nor can they offer investment advice. They serve as a complementary offering to your firm's expertise. In collaboration with a philanthropic advisor, you can offer end-to-end service for your clients as they work to achieve their philanthropic mission.

Client benefits

If your team chooses to partner with a philanthropic advisor, it will unlock several benefits for your clients:

• Philanthropic expertise & research. Each of our vetted philanthropic advisory partners has years of experience and access to research tools that inform their work, which can help accelerate your client's philanthropic education and inspire them to action.

• Charitable giving strategy: Any of our vetted philanthropic advisory teams can offer your client guidance on how to shape their giving strategy, from setting a mission statement, to selecting values-aligned causes, to deploying charitable capital.

• Greater impact: Any of our vetted philanthropic advisory teams can help your client evaluate the social impact of their giving over time.

Giving accounts make it easy to partner with philanthropic advisors

Your client's donor-advised fund makes it easy to work with a philanthropic advisor. Your clients can use their giving account to:

1. Cover any philanthropic advisory fees via their account balance.

2. Implement their giving strategy with legacy planning and collaborative giving tools.

3. Make grants to recommended charities with grant scheduling and tracking tools.

Who is philanthropic advisory for?

Philanthropic advisory is generally a good fit for clients that plan to give a minimum of $10,000 per year. Each of our vetted philanthropic advisory partners has a distinct client focus:

Request philanthropic advisory services on behalf of a client

If you are interested in partnering with a philanthropic advisory team to serve your client:

• Log in to your advisor account Dashboard.

• Select the I’m interested button under the Philanthropic advisory section.

• Complete the form details to initiate an introduction to an aligned philanthropic advisory team. You will need to select your client from the dropdown list and answer the following questions:

  • How much has your client given over the last year?

  • How much is your client planning to give over the next year?

  • What are your client's goals in working with a philanthropic advisor? (select all that apply)

    • Develop a vision and strategy for their giving.

    • Find high impact organizations that align with their goals.

    • Receive guidance on where to give after a liquidation event.

    • Other - please describe below.

  • Do you have a preference of who your client would prefer to work with?

    • GiveTeam

    • Calvin Edward & Company

    • Simple Charity

    • Raise for Good

    • Not sure yet

    • Other - please describe below.

  • Additional information or questions.

• Click Message us to submit. You and your client will receive a summary of responses for reference.

• The Charityvest team will follow up directly to help you get started.

As an advisor, you can also access your clients tax statements on their behalf.

To retrieve tax statements on behalf of a client:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Statements tab. You will see a list of available tax statements for download.

If your client wishes to support a charity that operates outside of the U.S., there are several ways to do so with their giving account through your firm's giving platform:

• If the charity has a U.S.-based entity or fiscal sponsor, your client can recommend a grant from their giving account to that organization and designate the gift for the international branch.

TrustBridge Global is a foundation with collaborative relationships around the world, enabling them to professionally manage and deploy charitable giving internationally. With TrustBridge Global, your clients can feel confident knowing that their gift will be delivered safely and efficiently.

How it works

2. TrustBridge Global performs due diligence to make your client's charity eligible. TrustBridge will work with your client's charity to complete a streamlined application, ensuring that the organization is properly vetted and able to receive your client's gift while preserving tax deductibility.

Request to facilitate an international grant on behalf of your client

If you are interested in facilitating an international grant via TrustBridge on behalf of a client:

• Log in to your advisor account Dashboard.

• Select the I’m interested button under the International grantmaking section.

• Review the step-by-step process overview. Click the Get started button. You can also click to view the 1-pager for more information about TrustBridge Global.

• Complete the form details to initiate an introduction to the TrustBridge Global team. You will need to select your client from the dropdown list and answer the following questions:

  • What is the name of the international charity?

  • Where is this charity located?

  • What is the best way to contact somebody at this charity?

  • How much does your client plan to give to this organization in the next 12-18 months?

  • Additional information or questions.

• Based on your entry for How much do you plan to give to this organization in the next 12-18 months? we will automatically estimate the fee in accordance with the TrustBridge fee structure.

• Click Submit to TrustBridge to submit. We will share your inquiry with the TrustBridge team along with a summary of responses to you and your client for reference.

• TrustBridge Global will follow up directly to help you get started.

Partner fees

Depending on the charity, partnering with TrustBridge Global to initiate an international grant may include the following fees:

• $150 for an annual charity certification (if needed).

• 1% fee per grant assessment (minimum fee amount: $300).

• $25 per grant for wire transfer to charity.

To complete a DAF transfer on behalf of your existing giving program clients:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Make a contribution button (only available once a client has accepted their invitation).

• Select the Transfer a donor-advised fund button.

• Follow the on-screen instructions to complete your client's DAF transfer.

Tax considerations

DAF transfers are not new charitable contributions, and are therefore not considered tax-deductible. When we process your client's DAF transfer, we will automatically mark it as not tax-deductible and it will not appear on their year-end tax statement.

As a trusted stakeholder in their giving, it may be helpful to know what they will experience on their Dashboard so you can offer them guidance as they explore their account independently:

Client account information

Your client can view key information about their DAF account on their Dashboard, including:

Client account actions

Your client can take several quick actions from their account on their Dashboard, including:

• Grant to charity: button that your client can click to search for their chosen charity to recommend a grant from their fund.

• Set up recurring grants: link to search for their chosen charity and configure the frequency of a recurring grant.

• Search for charities: search bar at the top of the Dashboard where your client can search by charity name or EIN to find their information and recommend a grant.

Client account menu

By clicking on the left-hand menu bar, your client can navigate away from the main Dashboard to other pages available on their account, including:

• Charities: search page where your client can enter charity name or EIN to find a given charity's information and recommend a grant. Your client can choose to click the heart icon next to a charity to favorite it for ease of access.

Client account settings

By clicking on their name in the top-right hand corner of their Dashboard, your client can configure all of their account settings, including:

• Profile: update their name, fund name, email address, physical address, and personal grant sharing preferences.

• Security settings: option to update account password and configure two-factor authentication for added security.

With your firm's giving program, as an advisor, you can choose to invest your client's DAF balance in custom portfolios, down to $0 in account balance.

Activate investing for a new client

To select an investment portfolio on behalf of a new client:

• Log in to your advisor account Dashboard.

• Click the Add Client button.

• From the dropdown menu, select your preference for their initial DAF investment portfolio.

• Click the Continue button.

• Review the new client account details. If accurate, click to Create account & send invite (if applicable) button. If you have selected to send them a welcome email, they will receive login instructions to claim their account.

• Under your advisor Dashboard, you will see your new client listed as Pending until they claim their account. Once they claim their account, all contributions to their account will automatically be invested in your chosen portfolio.

Manage investing for existing clients

To update an investment portfolio on behalf of an existing client:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Under the Portfolio section, you will see their current investment strategy.

• Click the Modify button if you wish to change their selected portfolio.

• Under the Investment portfolio module, select from the drop down menu and click on your preferred investment portfolio.

• To finalize the change, click the “Change investment” button.

• You will see your client's new portfolio selection reflected on their profile.

To complete a fee-free wire transfer contribution on behalf of your existing giving program clients:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Make a contribution button (only available once a client has accepted their invitation).

• Select the Make a wire transfer button.

• Retrieve the required omnibus bank account information.

As an advisor, you have the ability to view and search for organizations while logged in to your advisor account. If your client is looking to give to a charity or Community Fund, you can confirm that it is available in our database and share the page with them to help them get started.

To search for charities:

• Log in to your advisor account Dashboard.

• Click the Charities tab on the left-hand menu bar.

• Search for your charity of choice by name or EIN (the official U.S. tax ID of every U.S.-based charity). You can click the heart icon to favorite a charity for easy reference.

• Click on the charity to view detailed profile information including address, Charity Navigator link, and how grants are delivered (via check or PayPal)

• Click to copy the shareable link if needed.

To search for Community Funds:

• Log in to your advisor account Dashboard.

• Click the Community Funds tab on the left-hand menu bar. You will see a list of public Community Funds, including those featured by your firm.

• Search for a specific Community Fund by name.

• Click on a Community Fund to view detailed information about the fund.

• Click to copy the shareable link if needed.

Many of your clients may give closely alongside their family members. With your firm's custom giving platform, your clients can invite their family into their giving experience by:

To track the status of a grant on behalf of a client:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click on the client's grant under their activity history.

You will be able to view information at each stage of the grant's journey:

• Requested date: when your client successfully fills out the grant recommendation form.

• Funds clearing date: when your client's funds become available to cover the grant amount.

• Date sent to charity: when the grant is disbursed to the recipient charity, either by PayPal or check.

• Date received by charity: when the grant is received by the recipient charity. In the case of checks, when the check is delivered.

• Date deposited by charity: when the grant is deposited by check or accepted in PayPal.

Impact investing

For clients, it is simple to initiate a conversation about impact investments independently.

Your clients may wish for your assistance in contributing a variety of complex assets to their giving account through your custom giving program, including:

• Private / Pre-IPO Stock

• LLC and Limited Partnership interests

• Private Equity, Hedge Fund, and Venture Capital Fund interests

• Real Estate

• Life Insurance

• Retirement assets

• Royalties

How it works

1. As early as practical, request an introduction. Request an introduction to Charitable Solutions via your client’s profile in your advisor account. Please fill in any available details regarding the possible donation.

2. Receive consultation on gift process, timing, and fees. Charitable Solutions will cover the process and potential transaction with you and your client, including a timeline and gift processing fees. There is no cost or obligation to receive this consultation.

3. Charitable Solutions receives and liquidates the donation, transferring proceeds to the client's account. Once the asset is sold, the proceeds will be posted to your client's giving account, net of processing fees, and will be available for granting. Charitable Solutions will provide gift acknowledgment to substantiate the donation for tax purposes.

Request to contribute complex assets on behalf of a client

If you are interested in making a contribution of a complex asset on behalf of a client:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Make a contribution button (only available once a client has accepted their invitation).

• Select the Donate privately held or complex assets button.

• On the Donate complex assets screen, review the step-by-step process overview. Click the Get started button. You can also click to view the 1-pager for more information about Charitable Solutions.

• Complete the form details to initiate an introduction to the Charitable Solutions team. You will need to provide the following information:

  • Description of asset.

  • Estimated fair market value of asset, if known.

  • Estimated liquidity timing, if known.

  • Additional information or questions.

• Based on your entry for Estimated fair market value of asset, we will automatically estimate the fee range in accordance with the Charitable Solutions fee structure.

• Click Message Charitable Solutions to submit. We will share your inquiry with the Charitable Solutions team along with a summary of responses to you and your client for reference.

• Charitable Solutions will follow up directly to help you get started.

Partner fees

Charitable Solutions assesses an industry-standard fee for service of 1-3% on complex asset donations, with a minimum fee of $10,000. There is no cost or obligation to receive the initial consultation.

Timing

We recommend that you complete the contribution request form for complex assets as early as possible, once you have determined that your client is reasonably likely to initiate this contribution.

With your firm’s custom giving program, you have the opportunity to serve your clients holistically, at every stage of their philanthropic journey. We have partnered with best-in-class philanthropic service providers to enhance the capabilities of your clients’ donor-advised fund, so you can extend your offering further and engage more deeply with your clients.

You have access to the following philanthropic service partners through your white-labeled DAF solution:

Request philanthropic services on behalf of a client

To access our suite of philanthropic services:

• Log in to your advisor account Dashboard.

• Select the I’m interested button under your service category of choice.

• Select your client from the dropdown list.

• Complete the form details to initiate an introduction to our partner.

• Click to submit your inquiry. It will automatically trigger an introduction email to our partner along with a summary of responses to you and your client for reference.

• Our partner will follow up directly with you to help you get started.

With Charityvest for Advisors, client donor-advised fund investment portfolios are automatically rebalanced in two instances:

Rebalancing when client activity occurs

Rebalancing for alignment with target allocation

Your advisory fee is automatically deducted from a client's DAF balance on a monthly basis and distributed to your firm. This is possible, as per IRS regulation of donor-advised funds, an advisory fee may be assessed on the DAF as due compensation for guiding the investment strategy of the assets within the DAF.

For all Invested DAF accounts, the advisory fee is set by your firm. If you wish, you can waive this advisory fee for individual clients on a case-by-case basis.

To assess or waive the advisory fee on a client DAF:

• Log in to your advisor account Dashboard.

• Click on your client's name to expand their profile.

• Click the Fees tab. You will see full details on the fee structure of the selected client.

• Toggle the switch on/off for Bill advisory fee on this account to enable or disable your advisory fee.

As an advisor, when you open a giving account on behalf of a client through your firm's custom giving program, your client will receive an invitation via email explaining the nature of the program and prompting them to complete their account setup.

As a trusted stakeholder in their giving, it may be helpful to know what they will receive as part of their account invitation so you can offer them guidance as they first experience their giving account independently.

Depending on how your client discovers your firm's custom giving program, they will experience slightly different account invitations:

Clients invited from your Dashboard

Your client will receive:

• An invitation email from Charityvest (info@notifications.charityvest.org). If they are not able to locate the email, it may have ended up in their Junk folder.

• The Accept my account button prompt located in the body of the email, which they can click to proceed.

• OneGive program details, including your name as their advisor and terms of the account.

Once your client approves that their information is accurate and the terms are agreeable, they will be welcomed to your firm's custom giving program.

Clients that enroll via your sign-up link

Your client will see:

• Let's start with some basic information website form prompt, where they can enter their personal details. When complete, they can click Continue.

• First we need to verify your email website form prompt, where they will be invited to enter a verification code once they receive it via email from Charityvest (info@notifications.charityvest.org).

• Your firm's giving program details, including your name as their advisor and terms of the account.

Once your client approves that their information is accurate and the terms are agreeable, they will be welcomed to your firm's DAF program.

Clients that already have a Charityvest account

Much like clients you invite from your Dashboard, they will receive:

• An invitation email from Charityvest (info@notifications.charityvest.org). If they are not able to locate the email, it may have ended up in their Junk folder.

• Your firm's giving program details, including your name as their advisor and terms of the account.

Once they accept this request, you will be able to view and manage their profile from your advisor account.

Your client may express interest in leveraging their donor-advised fund balance to:

• Invest in / make loans to for-profit social ventures.

• Make recoverable grants or loans to charities loans.

Impact Foundation is a 501(c)(3) public charity that allows clients to recommend custom investments in their Impact Accounts (a donor-advised fund). Through January 2024, their donors/investors have deployed more than $525 Million for impact.

Request impact investing services on behalf of a client

If you are interested in partnering to offer impact investing to your client:

• Log in to your advisor account Dashboard.

• Select the I’m interested button under the Impact investing section.

• Complete the form details to initiate an introduction to our impact investing partners. You will need to select your client from the dropdown list and answer the following questions:

  • How much charitable capital does your client plan to invest over the next 2 years?

  • Which of the following describe your client's interest in impact investing?

    • Your client would like to choose from pre-screened impact investments.

    • Your client has already identified an investment opportunity.

  • Do you have a preference of who your client would prefer to work with?

    • Impact Foundation

    • Other - describe below

  • Additional information or questions.

• Click Message us to submit. You and your client will receive a summary of responses for reference.

• The Charityvest team will follow up directly to help you get started.

Partner fees

Impact Foundation assesses fees on invested assets on an annual basis, which are deducted from your client's Impact Foundation donor-advised fund balance. Their minimum opening balance is $25,000.

Additionally, they charge a one-time 3% origination fee on the total value of each new investment (with a minimum origination fee of $1,000).

We have partnered with best-in-class philanthropic service providers to enhance the capabilities of your client's donor-advised fund to support their giving at every stage of their philanthropic journey.

Once your client has accepted their invitation to your firm's DAF program, they are free to request philanthropic services directly.

Clients can also express interest in philanthropic service partners independently:

A charitable giving goal is a specific amount your client can commit to giving over a specified calendar year. Research has shown that establishing philanthropic goals helps to encourage over 7% more in giving. Your client can hold themselves accountable and inspire others in their family or community by creating an achievable giving goal.

As a trusted stakeholder in their giving, it may be helpful to know how clients can set up giving goals so you can offer them guidance as they concretize their commitment to give through your firm's DAF program independently:

Giving goal considerations

Deciding how much to give is a personal, moral, and spiritual decision for your clients. Here are a few key considerations below:

• The type of donor your client is today and how a giving goal can help them grow. Depending on where your client is on their purposeful giving journey, they can use giving goals to align with their philanthropic and financial circumstances.

• Your client's desired giving legacy. Your client will want to understand their long-term motivations for giving and what it is they are trying to achieve over their lifetime. An annual giving goal will be a stepping stone to their longer-term aim.

• Your client's desired tax strategy for giving. Your client's giving goals will also be influenced by their tax strategy for philanthropy.

• Whether your client wants to give now or give later in life. It's important for your client to evaluate the financial and personal implications of choosing to give now, versus at a later stage in life.

Goal-setting methods

Though giving is an intensely personal and purposeful decision, clients can leverage defined methods to simplify the decision and the fulfillment of their giving goal. Here are a few approaches to goal-setting:

• Fixed amount: to pick a flat amount that sounds aspirational but attainable.

• Percentage of income: to pick a percentage of pre-tax income.

• Percentage of assets: for clients who have more assets than income, it can be much more powerful to set a giving goal around a percentage of their assets.

• Financial finish line: giving 100% of a client's income and/or assets above some threshold.

How to set a giving goal

Community Funds are "social DAFs". They are collective giving tools available on your firm's giving platform to enable clients to pool charitable capital for greater impact via a custom-branded webpage.

Your client can contribute to existing Community Funds or create their own Community Fund as a fund manager.

It may be helpful to have awareness of how Community Funds work so you can best support your client as they consider collaborative giving opportunities:

Why clients should start a Community Fund

For clients, Community Funds are a fantastic way to mobilize their community with a tax-deductible fund to seamlessly pool charitable capital and make grants to public charities.

Your clients may be inspired to leverage Community Funds to:

• Lead expert grantmaking. Your client can share their expertise for impact with a fund and invite others to back their grantmaking leadership.

• Create a donor collaborative. Your client can pool money with other strategic donors to amplify their philanthropic efforts under a different brand or collaborate on grantmaking decision-making.

• Influence for impact. If your client has a public audience, they can mobilize their community for good with a custom-branded giving fund.

• Inspire their workplaces. If your client leads a company, they can inspire their teams to give together in a fund for a particular cause.

• Make meaning amongst groups of friends. Your client can invite friends, family, and community to come together around giving without the admin hassle or awkwardness. Can be as private or public as they'd like.

• Commemorate memorials & weddings. Your client can honor and celebrate loved ones at key milestones with a charitable fund others can contribute to.

Community Fund features

Community Funds on your firm's giving platform include a host of features that help unlock social giving for your clients, such as:

• Branded webpage: Community Funds are hosted on Unlisted or Public shareable webpages to collect donations and make grants to charity. This page includes an overview of the fund, key statistics, recipient charities, public supporters, and transaction activity.

• Guest checkout: options for donors to make their gifts via their account under your firm's giving program, a Charityvest account, or as a guest via credit / debit card.

• Complex asset donations: support for stock, crypto, and other complex asset donations via their account under your firm's giving program or their Charityvest account.

• Tax receipts: automated tax receipting for any donation made to the fund.

Community Fund setup

For clients, Community Funds were designed to be a simple and seamless way to pool charitable capital via a custom-branded webpage.

The Charityvest team will work with your client 1:1 to create their first fund. Here are the steps to bring their fund to life:

• Agree to our Community Fund policies.

• Design their fund with a name, tagline, keywords, images, rich text, links, and FAQs.

Privacy Settings

There are currently two main options for privacy on Community Funds:

• Unlisted: An unlisted webpage that can be selectively shared with a link. We recommend unlisted funds for closed communities.

• Public: A searchable, public webpage that any Charityvest account holder will be able to see and contribute to. We recommend public funds for fund managers looking for external support.

Community Fund donations

To promote a Community Fund, your client can copy the link to their unique webpage or, if the fund is Public, share via social media.

Anyone that has the link to a Community Fund can make a donation, provided the fund settings are configured to Accept contributions. It is possible for your client, other clients participating in your firm's custom giving program, Charityvest users, or guests to donate to a Community Fund.

Guest donations

Guest donations are possible via credit card or debit card. There are three main ways a guest can make a donation on your client's Community Fund:

• One-time card contributions: Guest donors can enter their credit/debit card information and submit their gift instantly. A tax receipt will be emailed to them at the time of donation.

• Recurring card contributions: If a guest wishes to make a recurring gift to a Community Fund, they will need to agree to create a Charityvest account to complete the donation checkout process. This allows the donor to manage their recurring gift should they need to make any changes in the future. By claiming their Charityvest account, donors will be able to view, edit, or cancel their recurring gift. They will receive a Welcome email immediately following their donation checkout to complete their account registration.

• Other methods of giving: If a donor wishes to donate to a client Community Fund via other giving method, and does not currently have an account under your firm's giving program, or a Charityvest account, it takes seconds for them to get set up and contribute via:

  • DAF transfer

  • ACH or wire transfer

  • Check

  • Stock or cryptocurrency

  • Company match

Community Fund grantmaking

Clients who create a Community Fund will have the ability to make grantmaking decisions on behalf of their fund.

Community Fund fees

There are currently two main options for pricing on Community Funds:

1. Allow optional gifts to Charityvest: tip-based pricing model, where all donors will be asked to make an additional contribution to Charityvest during the checkout process. We recommend this option for fund managers that prioritize minimal overhead, as the default donation amount is 0%. It is entirely up to the donor if they wish to add a tip.

2. Quarterly 1% fee on grants: percentage-based pricing model, where, on a quarterly basis, we will assess a fee of 1% of the total value of grants made to charity, which will be deducted from the Community Fund balance. We recommend this option for clients who prefer to communicate a consistent fee structure to their supporters, and wish to avoid the "ask" at the end of the donation process for donors.

Once your client has accepted their invitation to their giving account under your firm's custom DAF program, they can share the gift of generosity with others via virtual Charityvest gift cards.

As an advisor, you currently cannot send gift cards on behalf of your clients. However, as a trusted stakeholder in their giving experience, clients may ask for advice on how to use this feature.

It may be helpful to have awareness of how virtual gift cards work so you can best support your client as they act independently:

Why send a virtual gift card

Your client can use the virtual gift card feature to:

• Seed charitable giving accounts for kids, employees, or others they influence.

• Send employees, friends, and colleagues a simple appreciation gift. Clients can share a gift card to let someone know they appreciate and support them on holidays, birthdays, milestones, and anniversaries.

• Appreciate business prospects without violating gift acceptance policies. There’s no monetary value with directing money to a charity within the platform, so it doesn't violate gift acceptance policies at any dollar amount.

How to send a virtual gift card

For clients, it is easy to send a virtual gift card to anyone via their DAF.

Your client's intended recipient does not need an account under your firm's giving program or Charityvest. Virtual gift card recipients will receive an email with instructions to claim their gift card. If they already have an account under your firm's giving program or Charityvest, the gift amount will be automatically added to their balance. Otherwise, they will be invited to create a new Charityvest account.

Unclaimed gift cards

After seven days, our system will automatically remind gift recipients to accept the gift if they haven't already done so.

If your client's gift is not accepted within 10 days, the value of the gift card will be automatically returned to their account. They can send a new gift card to the same recipient or use the funds in a different way.

Once your client has accepted their invitation to your firm's giving program, they can establish a giving legacy by naming beneficiaries on their donor-advised fund account.

As an advisor, you currently cannot set up beneficiaries on behalf of your clients. However, as a trusted stakeholder in their giving experience, clients may ask for advice on how to use this feature.

It may be helpful to have awareness of how the Beneficiaries tool works so you can best support your client as they act independently: