Transfer an Existing Donor-Advised Fund to the Community Foundation
Many donors establish donor-advised funds (DAFs) through national financial institutions, but over time they may seek a more personal, community-centered approach to their philanthropy.
At the Community Foundation, we maintain close relationships with nonprofit organizations across Eastern Connecticut and have deep knowledge of the evolving needs and opportunities within our communities. That local insight allows us to help donors align their giving with the causes they care most about while making a meaningful impact close to home.
By transferring your donor-advised fund to the Foundation, you gain a trusted local partner, personalized philanthropic guidance, and the flexibility to support both local and national nonprofits.
How to Transfer Your Donor-Advised Fund
If you currently hold a donor-advised fund through a commercial sponsor such as Fidelity Charitable, Schwab Charitable, Vanguard Charitable, or another provider, transferring your fund to the Community Foundation is simple:
- Contact the Community Foundation to discuss your interest in establishing a donor-advised fund using assets from an existing DAF.
- Complete a fund agreement with our team to establish your new fund.
- Log into your existing DAF account and submit a grant recommendation payable to:
Community Foundation of Eastern Connecticut
EIN #06-1080097 - Request a grant for the full balance of your donor-advised fund, including any residual amounts.
- In the grant purpose or special instructions field, include:
Please use this grant to establish the [Fund Name], a donor-advised fund - Request that your existing donor-advised fund be closed following the final distribution.
Our team is available to guide you through each step of the transfer process and answer any questions along the way.
