Donor Advised Funds

The smartest way to give in St. Petersburg.

A donor advised fund at the St. Petersburg Foundation is donor-directed: grants go to the charities you choose. Behind it is a foundation that runs programs in this city every day, so your giving is informed by what is working on the ground.

Opening gift$50,000
Open a fund online Talk with us first Financial advisors: refer a client

Why the St. Petersburg Foundation

01Local intelligenceWe operate the Science Center programs, AICOE and the Lealman Exchange. When you ask which organizations deliver, you are asking people who work alongside them.
02Your directionEvery grant goes where you recommend. We vet each recipient and handle the IRS compliance and paperwork.
03SpeedOpen a fund online in one sitting with e-signature. Grants typically reach recipients in about 14 days.
04Complex assetsAppreciated securities, closely held stock, real estate and crypto become grant capacity, and we handle the sale.
Signature projects

Have a bigger idea? We can design the program and build its home, online or on the ground, the way we have with AICOE and the Science Center.

How a signature project works

How it works

1OpenApply online or with our team. The opening gift is $50,000.
2InvestChoose one of four investment pools, or keep your financial advisor managing the account.
3GrantRecommend grants whenever you like. We confirm each recipient and send the money.

Who we work with

Individuals & familiesOpen a fund in your name and recommend grants on your own schedule.
CorporationsCompany and corporate giving through the same donor-directed structure, at any scale.
Trusts & estatesExecutors, trustees and attorneys can direct charitable assets through a single, flexible vehicle.

Fund details

Opening gift$50,000
Grant turnaroundAbout 14 days
InvestmentFour pools or advisor-managed
DirectionDonor-directed

Assets accepted

  • Cash
  • Public securities
  • Closely held stock
  • Real estate
  • Crypto

Investment pools

Growth

Long-term appreciation. Roughly 70 to 85 percent equities, for donors with a long horizon and little near-term grantmaking.

Balanced

Moderate risk and return. About half equities, half fixed income. The general-purpose choice.

Conservative

Capital preservation. Roughly 70 to 85 percent fixed income, for shorter horizons or funds that grant frequently.

Impact / ESG

Values-based investing. Holdings are screened for environmental, social and governance practices.

Advisor-managed

Your financial advisor manages the fund in an account held in the Foundation’s name, under the Foundation’s investment policy.

Corporate & institutional funds. The same donor-directed structure, minimum and asset options are available to corporations, foundations and institutions.

Send an inquiry

Inquire

To open or discuss a fund, send an inquiry.

DAF inquiry