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We are excited to annouce the launch of the Dunham Donor-Advised Fund!

Daffy Leave a Positive Impact for Your Family to Follow

This fund provides your philanthropically-minded clients with a single platform to focus their charitable giving. This gives them an opportunity to leave a positive impact for their families to follow.

The Dunham DAF provides your clients with many tax and charitable giving advantages previously available only to those wealthy enough to set up private family foundations. The Dunham DAF can be used in a way similar to a private family foundation, but it requires far less money, time, maintenance, and effort to establish. The Dunham DAF is one of the few donor-advised funds that allows your clients to spread their impact and to gift both domestically and to charities abroad.

Meanwhile, you will manage the charitable account’s investments.

Benefits of the Dunham Donor-Advised Fund:

Minimize Taxes, Maximize Generosity

Your client receives an immediate income tax deduction for the year they contribute to the Dunham DAF, regardless of whether they support their charities now or in the future.

World-Wide Giving

The Dunham DAF is one of the few DAFs that allows your clients to give to domestic charities or charities abroad.

Maximize your client’s tax benefits with the ability to contribute complex assets such as real estate, collectables, cryptocurrencies, or businesses. Their assets will be liquidated and the proceeds distributed to their Dunham Donor-Advised Fund.

Ability to Track Their Charitable Impact

An annual report allows your clients to see the positive effect their charitable donations have made.

Clients Can Leave a Positive Impact for Their Families to Follow

When your client passes away, they will have left a positive impact for their family to follow. You, their financial advisor, and the Dunham Donor-Advised Fund, will work with their successors to continue donating to charities.

Opportunity for Your Clients to Teach Their Children About Charitable Giving

Your clients can teach their children or grandchildren the value of generosity by involving them in the selection of charities and letting them see the long-term impact their generosity brings.

Start a Dunham Donor-Advised Fund Today and Leave a Positive Impact for Your Family to Follow

Every Thursday over the next six weeks, Dunham will be sharing a case study that outlines a specific hypothetical circumstance in which a donor-advised fund was the most beneficial option for the individual or family involved. With year-end tax season coming up, you can also refer to these case studies for ways to use a donor-advised fund to maximize your clients’ tax benefits. If you would like to view all six case studies in advance, please fill out this form and a member of our sales team will be in touch.

Click below for more information on the Dunham Donor-Advised Fund, or call us at (858) 964-0500.

More Information

DAF Disclosures:

This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel. Any investment products or services named herein are for illustrative purposes only, and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional or your own independent financial professional for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance.

Federal and state laws and regulations are complex and subject to change, which can materially impact your results. Charitable deductions at the federal level are available only if you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy or completeness of the information provided. Dunham Associates & Investment Counsel, Inc. (“Dunham”) cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.  Always consult an attorney or tax professional regarding your specific legal or tax situation.

All financial decisions and investments involve risk, including possible loss of principal. The market value of the Dunham Donor Advised Fund (“Dunham DAF”) is not guaranteed by UI and may fluctuate depending upon investment results.

Investors should carefully consider a fund’s investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.

A donor advised fund (“DAF”) is a separately identified account that is maintained and operated by a section 501(c)(3) organization, and is not a registered investment company.

The Dunham DAF is powered by University Impact (“UI”), a registered 501(c)(3) nonprofit in the United States who manages the charitable aspects of the Dunham DAF.

UI charges fees to the Dunham DAF for administrative services in accordance with the Fee Schedule as outlined in Appendix A of the UI Donor Advised Fund Agreement (“Agreement”). Accounts are required to maintain a $1,000 minimum balance and are subject to support investment fees as explained in the Agreement. A list of current fees and initial gift minimums is available upon request. UI reserves the right to change its fee or minimum policies at any time. There may be additional fees charged by the Financial Advisor that is separate from UI’s administrative and impact investment fees.

Contributions to the Dunham DAF are irrevocable contributions made to UI, a public charity.

Assets contributed to the Dunham DAF (once liquidated, if applicable) will be invested in the Dunham Asset Allocation Program sponsored by Dunham.  Investment allocations may be changed according to Dunham’s standard policies and procedures.  UI may hold up to 5% of the Dunham DAF assets in non-interest bearing cash at any time.

As the Program Sponsor, Dunham charges each donor a single service program fee (“Program Fee”) not exceeding 0.25%.

In addition, a Financial Advisor may charge a client/donor an asset-based advisory fee (“Advisory Fee”) as specified in the Advisory Agreement. Detailed advisory and expense fee information about the Dunham Asset Allocation Program is available in the Wrap Fee Program Brochure available upon request.

As investment adviser to the Dunham Funds, Dunham receives the investment advisory compensation described in the Dunham Funds’ prospectuses and such fees are borne by all shareholders in the Dunham Funds, including the donor.

Dunham & Associates Investment Counsel, Inc. is a Registered Investment Adviser and Broker/Dealer. Member FINRA/SIPC. Advisory services and securities offered through Dunham & Associates Investment Counsel, Inc.