What is a donor-advised fund?

There's an easier way to accomplish your philanthropic goals. Many families and individuals with private foundations have made the switch to either a donor advised fund or a supporting organization.

Donor-Advised Funds and Supporting Organizations benefit from more efficient administration, grantmaking support and reduced tax and reporting burden.

Success Stories

The Paso del Norte Foundation supports private foundations into transitioning to effective and cost-efficient giving vehicles.

Paso del Norte Health Foundation

The Paso del Norte Health Foundation was established in 1995 after the sale of Providence Memorial Hospital to Tenet Healthcare for $130 million. In 2018, the Health Foundation, which was a private foundation, transitioned to a supporting organization to the Paso del Norte Foundation to grow its assets through philanthropy, increase partnerships with external funders, and ultimately increase grant making to nonprofits in the region. One example of their vast impact in the region is the development of a master plan for the 60-mile Paso del Norte Trail.

FirstLight Community Foundation

Shortly after its founding, the First Light Community Foundation (FLCF) sought to be a supporting organization to the Paso del Norte Foundation to reach a broader audience to meet its mission and receive valuable administrative and grantmaking support.  The relationship has enabled both organizations to better offer support in the community related to financial literacy.

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Donor-Advised Funds vs. Private Foundations

 

Donor Advised Funds

Private Foundations

Start-Up Time

Immediately

Weeks or months to establish.

Start-Up Costs

 None

Legal fees can be substantial.

Admin & Management Fees

0.35% - 0.85%

2.5% to 4.0% or more

Tax Deduction for Cash Gifts

60% of adjusted gross income

30% of adjusted gross income

Tax Deduction for Stock or Real Property

30% of adjusted gross income

20% of adjusted gross income

Required Grant Distribution

 None

Must expend 5% of net asset value annually - regardless of how much the assets earn.

Excise Taxes

0%

1% to 2% of net investment income annually

Privacy

Names of individual donors can be kept confidential, and grants can be made anonymously.

Must file detailed and public tax returns on grants, investment fees, trustee names, and more

Admin Responsibilities

Recommend grants to favorite charitable causes

Manage assets, keep records, select charities, administer grants, file tax returns, and more.

What Gifts Can My Fund Receive?

Cash

Your can donate cash directly into your fund via check, direct deposit or credit card via our online giving page.

Non-Cash

Tangible personal property. Examples may be real estate, oil, gas, or mineral interests.

Planned Gifts

Bequests, appreciated securities, life insurance, retirement plans, and charitable remainder trusts, and more.

What can I support with my fund?

You're free to support any charity or charities of your choice, or designate your fund for a specific cause you're passionate about.

Non-profit organizations - Support any registered 501c3 public charity in good standing in the U.S. or Mexico.

Existing Foundation Initiatives or Funds - Support one or more of the existing impactful charitable funds in the Paso del Norte Foundation. 

Initiatives of the Fundacion Paso del Norte - Support health and well-being in Ciudad Juárez with a gift to our partner Foundation in Ciudad Juárez.

Initiatives of the Paso del Norte Health Foundation - Support the Health Foundation’s mission or any of its initiatives to promote health and prevent disease in the region.

What are the fees?

Initial Donation
A Gift or Pledge of $5,000 Over 5 Years
Ongoing Support Fees
Up to $1 million
0.85%
The Next $1 - $5 million
0.50%
Over $5 million
0.35%

Why Paso del Norte Foundation?

The Paso del Norte Foundation is committed to helping you reach your charitable goals. Our individualized service allows us to work with you and/or your professional advisors, discuss complex gifts and facilitate family engagement in charitable giving, if desired.  We work one-on-one with you every step of the way to ensure you create a giving plan you believe in.

High Transparency & Accountability

Detailed reports ensure you always know your fund value and allow you to feel secure that your giving is making the impact you wanted.

We work with your advisor

Feel confident by having your financial advisor present during meetings and involved at any time you wish.

Experience with Nonprofits

Our network of nonprofit partners puts us directly in-tune with our community's needs so that we can advise you on where your your donation can have the greatest impact.

Ready to get Started?

Anna Alemán

Development Director

Anna Alemán has over a decade of experience in the nonprofit and philanthropic space. She can effectively guide you to a charitable giving fund that will make a lasting impact.

915.218.2642
aaleman@pdnfoundation.org

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