Charity advised account

Charity advised accounts provide charities with an alternative to establishing a supporting foundation.

How does a charity advised account work?

Raymond James Trust, trustee of the Raymond James Charity Advised Account, can establish an endowment fund in your organization’s name, professionally manage and invest contributions, and protect the interests of your organization now and in the future.

Simple process:

  • Minimum irrevocable contributions – $25,000 in cash or marketable securities
  • Subsequent contributions – $500 or more by any individual, corporation, trust, estate, foundation, governmental body or other organization
  • Complete the Application, Adoption Agreement Form and Board Resolution
  • Name your Charity Advised Account
  • Designate an Advisory Committee and spokesperson to work with Raymond James Charitable

What are the benefits?

An endowment fund sends an important message to potential donors. It demonstrates that a charitable organization envisions a strong future, is capable of carrying out its mission, leverages gifts to build an ongoing legacy for donors and is a secure place to entrust significant contributions.

Benefits for your organization:

  • Contributions invested and professionally managed for long-term income
  • Protects assets from creditor claims
  • Inexpensive alternative to maintaining a separate legal entity
  • Eliminates potential conflict of interest issues

Benefits for your donors:

  • Immediate tax deduction
  • Contributions professionally managed to extend legacy

Questions? Contact your financial advisor or call 866.687.3863.