Shared values. The Kouplens say that they made the switch to The Signatry because they wanted to partner with someone in generosity that shared their values.
“If you have a sponsor that does not have the same values as you have, you lose control of those funds,” Sean points out. He describes the importance of being comfortable with a DAF sponsor where you are recommending grants out of a fund you create where the sponsor has control over the dollar distribution. Values matter.
A DAF sponsor is a 501(c)3 nonprofit that allows donors to gift a tax-deductible donation into a fund, but any further grant recommendations to other nonprofits from that fund are simply that; recommendations. Using a faith-based sponsor that is more likely to align with your recommendations is an important consideration when setting up a donor advised fund.
That, along with the structure, opportunities for investment growth, and the motivation it brings to be good stewards are why the Kouplens love using a donor advised fund.
Watch How Sean Kouplen Incorporates Faith at WorkSimple, future-focused, and methodical. How can a donor advised fund shape your family’s generosity?
Finding creative giving opportunities often means you can give more. Your family may benefit from simplified receipts, asset opportunities, and unique tax benefits that come with opening a donor advised fund.
Learn moreStart your journey towards a lasting legacy
Bring your family together around shared values and goals for generosity through a donor advised fund.
Start a FundTogether we’re redefining generosity.
Join the conversation and get our newsletter.