Advisors Charitable Gift Fund

Boston Private Bank & Trust Company is pleased to announce its offering of the Advisors Charitable Gift Fund, a simple and flexible tool that makes charitable giving easier than ever! The ACGFund is a convenient vehicle for giving no matter what one’s charitable interests are. This tool enables a donor to set aside funds, realize a tax benefit, and recommend grants (at a minimum of $250.00) to qualified nonprofit organizations according to the donor’s interests and on his or her own timetable. The donor can serve as advisor to his or her fund or designate someone else to act in this capacity, guiding the charitable focus of the fund. The initial minimum gift is $25,000, with a minimum of $10,000 for future contributions. Funds can be created with minimal effort and no expense.

The ACGFund is a Donor Advised Fund, which is a type of charitable giving program. These funds combine favorable tax benefits with flexibility, enabling donors to support their favorite charities at any time.

The Advisors Charitable Gift Fund is easy to use:

• Setting up a DAF is as simple as signing an agreement.
• Grant recommendations require only a simple form.
• DAFs can accept gifts from individuals, trusts, corporations, or foundations.

For further information, please contact:

Richard B. MacKinnon
Senior Vice President
Boston Private Bank & Trust Company
Ten Post Office Square
Boston, Massachusetts 02109
Telephone: 617-912-4287
Click Here to send an inquiry via email

Advisors Charitable Gift Fund is recognized by the Internal Revenue Service as a public charity under IRS Code Section 501(c)(3). Therefore, donations to the fund are irrevocable charitable gifts when made and cannot be returned. Please consult your attorney, tax advisor, or other appropriate advisor before changing or implementing any financial or tax strategy.

Investments are not FDIC insured, are not a deposit, have no bank guarantee, and may lose value.