Advisors’ Year-End Guide
Year end is always an exciting season as you help your clients put their charitable giving visions into action. This page provides key deadlines and information you need to support your clients who work with The Signatry.
Grants & Contributions
Did you know 50% of our contributions and grants typically occur in December? With this large volume, we encourage you and your clients to prepare in advance.
For a list of deadlines and processing timelines that your clients need to know, visit our year-end summary for donors.
Year-End Grant & Contribution Tips
- Consider making bulk contributions in November to ensure your clients will have sufficient fund balances for us to process December grants. View all grant and contribution deadlines here.
- When recommending a new grant for a charity, include the organization’s website, EIN, state, and contact information. This helps expedite our vetting process.
- Start stock gifts by December 2, 2024. Please use our contribution notification form so our team can identify the incoming gift. Without this form, we cannot liquidate donated stocks or attribute them to the correct donor or fund.
- Encourage your clients to tell their favorite charities to sign up to receive grants from The Signatry via ACH. Once a grant recommendation has been processed, ACH often allows us to send and deposit funds in the same day. Nonprofits can contact nonprofitsuccess@thesignatry.com to get started.
Advisor Managed Accounts
If you manage an advisor managed account (AMA) option for The Signatry, we want to remind you of additional important processes and deadlines.
- Custodial applications to establish new Advisor Managed Accounts (AMAs) must be submitted to The Signatry for approval and signatures by November 15, 2024.
- After November 15, donors can still open and contribute to standard donor advised funds, which can be converted to AMAs after January 1, 2025.
- For transferring stock into an AMA Custodial Account, we will need the journal form, contribution date, and the contribution notification form.
- All cash contributions should come directly to The Signatry’s main contribution account per the AMA Funding Instructions. We request that your clients do not make cash contributions directly into the custodial account. Use the contribution notification form to alert us to any donations via wire or ACH.
Alternative Investments
Talk with our investments team if your client is interested in recommending an alternative investment for the funds in a donor advised fund.
To allow for proper due diligence, an alternative investment recommendation should be submitted by October 25, 2024. All due diligence documents should be submitted by November 1, 2024.
Email investments@thesignatry.com to submit alternative investment recommendations.
Resources for Charitable Planning
We are here to serve you with resources you can use to open new conversations with clients and provide them with information about generosity, giving strategies, and more.
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