Open a 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.
In addition to a more traditional donor-advised fund, you can also open an IMPACT fund. These funds offer a unique and innovative approach that allows fundholders to invest in both not-for-profit and for-profit enterprises in the form of loans, equity investments, and grants—with the potential of financial return. Learn more about IMPACT funds.
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 fund.
You can contribute to your fund at any time and in any amount through our online portal, CICF Connect.
Donor-advised funds with balances of $25,000 or more are assessed a 1% tiered annual administrative fee. There is no minimum dollar amount required to open a donor-advised fund. The administrative fee is assessed quarterly (i.e., 1/4 of the total fee each quarter).
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, fill out the form below, which should take just a few minutes. Upon receipt of your application, our staff will contact you to finalize your new fund agreement.