Open a Donor-Advised Fund
A donor-advised fund with Central Indiana Community Foundation—or either of our affiliates, The Indianapolis Foundation and Hamilton County Community Foundation—allows donors to potentially realize the greatest tax benefits of charitable giving while flexibly supporting their favorite charities over time.
We want to make charitable giving equitable, easy and fulfilling. Encouraging people to be generous and supporting our neighbors to make our community—and the world—a better place is a privilege we have had for more than 100 years.
How It Works
There is no minimum requirement to open a donor-advised fund.
You can contribute to your fund at any time and in any amount through our online portal, CICF Connect.
All donor-advised funds are assessed a 1% tiered annual administrative fee, with a minimum annual fee of $250. The administrative fee is assessed quarterly (i.e., 1/4 of the total fee each quarter). Fee tiers are as follows:
- Fund balance of $0-$25,000 – $250
- Fund balance of $25,000-$1M – 1%
- Portion of fund balance above $1M up to $5M – 0.5%
- Portion of fund balance above $5M – 0.3%
Please note that unlike commercial donor-advised fund products, all administrative fees paid to CICF stay local and fund our work to make central Indiana a more equitable place to live, work and play.
When you’re ready to open your fund, simply click the I’m ready to open a DAF today button below and fill out the form, which should take just a few minutes. Upon receipt of your application, CICF staff will contact you to finalize your new fund agreement.
If you have any questions throughout the process, please contact: