With Donor Advised-Funds

Donor-advised funds are simple to set up and easy to operate. They allow you to address a wide variety of issues and fulfill your charitable interests as they evolve over time. Reasonable fund minimums make the donor-advised fund a useful charitable tool. Its flexibility makes it a convenient option to manage your giving and enjoy hands-on involvement.

Be Engaged in the Grantmaking Process

We give you the right to advise on distributions from your fund to specific charities that meet IRS guidelines. Staff members with significant expertise on local issues and initiatives are also available to identify organizations that match your charitable interests. Additional gifts may be made to your donor-advised fund at any time. You can use cash, stock, real estate or other assets to qualify for an immediate tax deduction.

An Alternative to a Private Foundation

A donor-advised fund allows you to make gifts over time and invest your charitable dollars without the burden and expense of establishing and maintaining a private or family foundation.

It’s Efficient

We handle the managerial tasks of your fund all for a nominal administrative fee. Hundreds of funds share the costs of administration, allowing for economies of scale.

It’s Personal

Not only may you recommend distributions from your fund to specific charities, you may also designate a successor advisor to it, which is an effective way to engage other family members in charitable activity.

It’s Easy

The necessary paperwork to establish a new fund is straightforward and can be completed in minutes. Recommending grants can be done online. We take care of the paperwork for you.

It’s Up to You

It’s up to you to determine the appropriate level of spending from your donor-advised fund, with none of the burdensome compliance requirements of private foundations. If you are interested in preserving your fund for the long-term, you have the option to adopt our suggested spending rate.

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Kids in bright green shirts jump in the air in front of Epcot Center.
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As Betty and Ted Stark believed, this trip had a deeper impact than just visiting ...

Stories March 11, 2022

John and Maren King: Giving in Action

The King Family Springdale Fund honors our family’s history and supports educational programs, the arts, ...

Corinthian Club members
Publications March 9, 2022

The Corinthian Club: A Legacy of Friendship and Progress

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Despite never attending college himself, his dedication to education and the improvement of local school ...

Stories January 21, 2022

Cortland Repertory Theatre: The Show Must Go On!

With the Community Foundation’s stewardship, the theatre’s new agency fund will provide crucial funding to ...

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Publications January 20, 2022

From Newspaper Publisher to Congressman, George Wortley was a Man for the People

George listened to each constituent and valued their time. He appreciated talent whether it was ...

Publications December 9, 2021

The Bastable Family Collection

Giving Voice Fall 2021: Cover Story

Steve and Elaine Jacobs stand in front of the CNY Philanthropy Center.
Publications November 15, 2021

Steve and Elaine Jacobs: Giving from the Heart

“I realized that the people in this community were the same people who helped me ...

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