Nicklaus Children’s Hospital Foundation

Donor Advised Fund

The Nicklaus Children’s Hospital Foundation Donor Advised Fund, a fund within the BNY Mellon Charitable Gift Fund^SM (“Gift Fund”), offers a simple and tax-efficient way to maximize the impact of your charitable giving. Contributions may be eligible for a tax deduction and grow tax-free, leveraging the value of your philanthropy. Grants are distributed at your own pace, providing the opportunity to develop a strategic approach that better supports your philanthropic vision.

What is a Donor Advised Fund?

A donor advised fund is a separately identified fund or account that is maintained and operated by a sponsoring charitable organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it. However, the donor retains advisory privileges with respect to the distribution of funds and the investment of assets in the account.

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