Donor Advised Fund
A New Kind of DAF – Advance Change Fund
What is an Advance Change Fund?
At Amalgamated Foundation DAFs are called Advance Change Funds because they fuel progress and move money to the frontlines of social change.
Watch this short video to learn more.
Answering today’s urgent need for impactful philanthropy, our team of philanthropic strategists, social change activists and tech innovators have developed powerful solutions for individual donors.
Impactful giving made easy
Our Donor View Platform is wired for social change. Make a contribution or recommend a grant from anywhere, anytime.
Our open-source database makes it easy to find pre-vetted organizations at the forefront of social change.
Our Rapid Response Funds quickly support disaster relief and empower activists’ responses to emerging crises.
Our donors are forming a vibrant community of knowledge and commitment by sharing grant-making ideas and building our database of leading social change nonprofits.
To amplify your impact, we connect you with other donors through a wide offering of funding collaboratives.
Banking for Impact
We are powered by 100 years of the financial integrity and acumen of Amalgamated Bank, recognized nationally as a socially responsible leader in the financial sector.
10% Impact Pledge
We encourage donors to maximize their giving by pledging 10% annually.
We provide a range of values-aligned investment offerings including our 100% fossil free portfolio and funds supporting community development investment.
All You Need to Know
What information do you need from me?
To set up a fund, you will need to complete and submit an enrollment form that includes basic contact information and an opportunity to designate successor advisors and indicate some operational preferences for your fund.
How long does it take to set up a fund?
Once we receive your enrollment form, we will set up your fund within 2-3 business days.
Is there a minimum contribution?
We have a minimum initial contribution of $5,000.
Can I contribute stock?
In addition to cash contributions, you can contribute publicly traded equities.
Can I contribute private equity, artwork or real estate?
Please contact us directly to discuss approaches to these kinds of contributions.
What investment options do you offer?
We offer a range of investment options with varying levels of risk including socially responsible options.
What happens if I leave my fund in cash?
Many donors choose to keep their fund as cash. We hold our cash in money market funds with our mission-driven financial partner, Amalgamated Bank.
Can I manage my fund on-line, like my bank account?
Through our Donor View system, you can check balances, review activity, make grant recommendations, and more.
If I have a question or a problem, can I contact you?
You can always Contact Us. A member of our team will contact you directly.
Are there limitations and restrictions on my grant recommendations?
You can recommend grants to 501(c)3 nonprofit organizations. We conduct due diligence to confirm their charitable status and ensure they meet our Hate is Not Charitable screen for hate groups.
You cannot make grants to fulfill a personal pledge, buy tickets to or sponsor an event that provides you or your business with tangible benefits.
Can I make project-specific or multi-year grants?
Yes, you can make project-specific and multi-year grants. For multi-year grants, your fund must have the funds to pay for multi-year grants.
Can I make grants to organizations outside the United States?
By setting up an Expenditure Responsibility grant, we can make grants to organizations outside of the United States. This process includes additional fees.
How long does it take to process a grant recommendation?
For standard grants, we process grants within 5 business days.
Can I use my fund as a vehicle for planned giving?
Yes, please Contact Us for more information.
Can you help me with figuring out the strategy for my giving?
Yes, please Contact Us for more information, including how our partnership with Just Fund can provide you access to proposals from organizations and insights from other funders.
Amalgamted Foundation provides unique research, due diligence, and collective impact tools not available from most DAFs. Get a detailed overview in our comparison table.