Your charity: donor advised funds

Philanthropic giving is a specialisation of the team here at Bloomsbury Associates. We help our clients help others.

For those who want a more structured approach to giving, we can set up a 'donor advised fund'. The fund is a tax-free investment portfolio that is managed alongside your other investments but is dedicated to charitable contributions.

It is an alternative to a private grant-making trust or foundation and reduces administration, compliance and costs. As soon as you put money into the account, you can claim the tax credit for donations.

One way to set up such a fund is through a partner of ours, nationwide charity, The Gift Trust.

The Gift Trust sets up donor-advised funds called 'Gift Accounts' through which our clients can donate to charities of their choice whenever they want. Bloomsbury Associates manages the investments of your Gift Account while The Gift Trust does all the charity-related background work.

They undertake the due diligence on charities and, if needed, deeper research into a charity or sector. They can advise you on complex giving strategies and liaise with chosen organisations, for example you might want a scholarship in a family name or ensure a donation goes to a future capital project.

Contact us to discuss how establishing a Gift Account alongside your Bloomsbury managed funds could assist your future giving.

More about philanthropy - ours and yours