How do I set up a charity giving fund?
Charities & Not For Profits
A charity giving fund, also known as an ancillary fund, is a vehicle for public and private philanthropy. It is a type of charitable trust designed to provide an investment structure for philanthropic giving purposes. Simple and quick to set up, it offers tax deductions to donors and tax exemptions for income earned by the fund. In this article we will answer questions surrounding ancillary funds including what it is and the main reasons for establishing an ancillary fund.