In collaboration with Impact Assets, First Affirmative offers clients a Donor Advised Fund which combines the positive impact of responsible investing with strategic giving. We can help clients develop a life-long commitment to philanthropy, with the flexibility of choosing to make grants over time to domestic or international non-profit organizations of your choice.
You make a tax deductible donation to Impact Assets, First Affirmative manages your Giving Fund account for growth, and you choose how much to give away to worthy causes, and when.
You can open a Giving Fund with as little as $5,000. You may decide to name your fund after a family member or cause, and you can select co-advisors and successors. A Giving Fund can be invested in one of two broadly diversified socially responsible mutual fund portfolios (a Balanced or Growth portfolio). You can also purchase Calvert Community Investment Notes within your account.
You'll be able to direct grants as small as $250 to any approved organization. Donations can be made online with access to real-time giving history. A Giving Fund offers many of the advantages of a private foundation without the costly set-up and administration.
With low minimum contribution requirements and high-touch customer service, the First Affirmative
Giving Fund's investment options provide a new way to maximize your impact.
Whether you allocate your funds according to a balanced or growth portfolio, or customize your
investment strategy to match preferred causes or risk profiles, options include:
• Diversified Portfolios of Responsibly Invested MutualFunds that integrate environmental, societal, and
governance criteria in investment decision making
• Community Investments that offer affordableloans to leading nonprofit organizations and social enterprises
• Global Impact Ventures, funds that channel capital to markets operating between philanthropy and profit maximization, including social enterprises, innovative nonprofits and microfinance
• Custom Portfolios - accounts over $500,000 can work with their own financial advisor to craft a
portfolio that reflects their financial, social, and environmental priorities