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:

Sarah Weaver, J.D.
Senior Gift Planning Advisor
SarahW@cicf.org
317.634.2423 x510
Brittany Rayburn
Director of Development for Hamilton County Community Foundation 
BrittanyR@cicf.org
317.843.2479 x302


Open a Donor-Advised Fund

What's Next?

Great!

Please click the Next button below to continue.

Let's Get Started!

Please choose a name for your donor-advised fund. Ex. Smith Family Fund or John and Jane Smith Fund.

Next, tell us who should have access to your fund

We refer to these individuals as Fund Advisors. You may have up to 2 Fund Advisors for your Fund. Each Fund Advisor will have full and equal privileges with respect to your Fund, but the Primary Fund Advisor will serve as the primary point of contact with CICF

Primary Fund Advisor

Gender
What categories describe the Primary Fund Advisor?
Select all boxes that apply. Note, you may select more than one group.
MM/DD/YYYY format
Enter Email
Confirm Email
Address Type *
Address
Street Address
Building/Apartment/Suite #
City
State/Province
Zip/Postal

Additional Fund Advisor

Gender
What categories describe the Additional Fund Advisor?
Select all boxes that apply. Note, you may select more than one group.
MM/DD/YYYY format
Enter Email
Confirm Email
Is the Additional Fund Advisor's address the same as the Primary Fund Advisor's address?
Please type in the address below.
Address Type *
Address
Street Address
Building/Apartment/Suite #
City
State/Province
Zip/Postal