Donor-advised funds
A fund to grant from.
Contribute to a donor-advised fund at Paramount Impact, receive an acknowledgment in the year of the gift, and recommend grants to public charities over time. Opening costs nothing. The 1% is on what comes in — that is the fee.
Donor-advised fund fees
These are the public fees. A first conversation confirms them. We do not charge a fee on a balance sitting in a fund. We do not pay referral fees.
| Vehicle | To open | On incoming gifts | Notes |
|---|---|---|---|
| Paramount Legacy Fund (DAF) | $0 to open | 1% on incoming contributions | A fund may be opened with no minimum. There is no setup fee. The 1% applies to what comes in. |
Nothing on this site opens an account by itself. Fees are confirmed in conversation and written into the account or sponsorship agreement.
Most families do not need a private foundation
A donor-advised fund is the fund. You make an irrevocable charitable contribution. Paramount Impact holds legal control. You recommend grants. Assets inside the fund are not a household account — they belong to the charity.
Cash AGI limit (general rule)
Up to 60%
Appreciated property (general rule)
Up to 30% AGI
Minimum grant recommendation
$75
Annual payout rule
None (vs 5% PF)
- 1% on incoming gifts (posted fee)
- Dedicated philanthropic advisor
- Real-time client portal
- Anonymous grant option
- Successor advisor designations
- Accepts cash, securities, real estate, crypto
- Grant recommendations typically 5–7 business days
- Coordinates with your legal, tax, and wealth team
DAF vs. private foundation
| Donor-advised fund | Private foundation | |
|---|---|---|
| Our posted opening cost | $0 to open (1% on incoming) | Not our vehicle to form |
| Annual distribution | None required | 5% of assets |
| Excise tax on income | None | 1.39% typical |
| Privacy of grants | Private | Public on 990-PF |
| Cash deduction limit (general rule) | 60% AGI | 30% AGI |
| Admin burden | Sponsor handles | Board + staff |
Ready to talk about a donor-advised fund?
A conversation confirms the 1% on incoming gifts and whether a fund, a project, or both is the right path. Nothing opens itself.