A donor advised fund (DAF) is a charitable giving vehicle designed to invest, grow, and give assets to charities for meaningful and lasting impact.

The minimum setup amount of an AssetMark Charitable account, including all funding sources, is $10,000.

GiveClear™ Foundation is a tax-exempt nonprofit organization and public charity under Internal Revenue Code Section 501(c)(3). As a Donor Advised Fund Sponsoring organization, GiveClear provides the AssetMark Charitable Donor Advised Fund.

As such, it receives your contributions, and distributes the money whenever you choose to recommend a grant to any of over 1.5 million approved, 501(c)(3)-qualified organizations and projects.

As a Donor Advised Fund Sponsor, all contributed funds become the property of GiveClear Foundation.

Yes, you can edit the name of your DAF by hovering over the pencil icon next to the "Add Funds" tab on the overview page. Advisor's can also update the DAF name on their client dashboard by clicking the three dots next to the right of the DAF they'd like to change and clicking "Edit Fund Name."

To update your login email, please reach out to your advisor who can update your email through their advisor dashboard.

Yes! As long as they are over the age of 18, you can invite them as a family member to create their AssetMark Charitable account. You can then allocate funds to their account and they can start giving.

To add a family member to your account, follow these steps:

An invite will be sent to the family member, and their status will show as "Pending". If needed, you can click "Resend Invite" to send another invitation.

If you don't see these options or are unable to add family members, please contact your advisor or relationship manager for assistance, as they may need to adjust your account settings.

As a family member, and since no funds are allocated to you, you are seeing $0. Family members can only see the amount allocated to them, and don't have access to view the balance of the Head of Household’s account or any grants made by the head of household. We’re currently working on a feature that will allow the head of the DAF to grant full access to family members and should be available soon.

Yes. In your profile page settings you can set your communication preferences regarding the progress of any grants or contributions.

All data is synced/updated nightly

If you need assistance, please contact your advisor directly.

To set up your account, please reach out to AssetMarkCharitableNewAccounts@assetmark.com.

If you encounter an issue — such as an error message, a spinning wheel, or pages not loading properly — try the following steps:

No, we do not send notifications when the tax receipt is ready to download. Clients can find their tax receipt on the platform by clicking the Documents icon in the top right corner and generating a Tax Receipt.

The tax receipt will show the date we received the contribution, not the date the details were entered into the platform.

Paper receipts are not provided for AssetMark Charitable. However, you can download tax receipts for all your charitable contributions. Just go to the “Documents” section of the My Account dashboard to get started.

It may take up to five business days for a recent contribution to be reflected in the account tax receipt. If after 5 days it still looks incorrect, then please reach out to your advisor for assistance.

Account Statements are generated each quarter and available in the document section of your dashboard under the Account Statements tab.

If names aren't entered consistently (i.e. multiple variations of the same name were used for the contributions), our system treats it as different people. Please ensure the same name is used for consistency purposes.

Only the quarterly DAF statements will be available on AssetMark Charitable (contributions, grants, fees, etc.).

Assets invested in your AssetMarkt Charitable DAF are handled through a Advisor Managed Accounts (AMA) managed by your advisor.

Please contact your advisor to make changes to your investment allocation within your DAF, as all investments are handled outside of AssetMark Charitable through a Advisor Managed Accounts (AMA).

Like any investment, DAF assets are subject to market fluctuations, and losses may reduce the amount available for granting.

No, all investment growth within a DAF is tax-free, maximizing the potential for charitable giving.

All investment options and models are available at AssetMark are available except for:

Fees will be calculated daily based on the Giving Fund balance and are drawn from the Giving Fund monthly.

Fees are charged based on the declining fee structure as outlined below:

It is an annual fee that is calculated daily and billed monthly. The fee is assessed daily as 1/365th, and then totaled at the end of the month to assess the monthly fee.

There are no additional fees through AssetMark Charitable. Advisors do have the option of charging an investment management fee on AMA assets so please contact your advisor with any questions.

No, there are no transaction fees associated with grants.

GiveClear will distribute DAF assets according to your instructions, either to named successors or charitable beneficiaries.

You can create a succession plan by naming a successor advisor, a charitable beneficiary, or a combination of both in the “Succession Plan" tab in your My Account dashboard.

A successor advisor takes on the role of donor upon the death, resignation, or disqualification of the original donor. In this capacity, they have the ability to recommend grants and investment allocations, as well as name and remove a future successor advisor.

A charitable organization can be named as the beneficiary if the original donor prefers to have all or a percentage of the remaining account assets granted to a charitable organization upon their death, resignation or disqualification.

Yes, AssetMark Charitable allows clients to name multiple successors, each receiving a portion of the DAF balance to continue giving.

Yes, you can designate one or more charities to receive the remaining balance upon your passing.

No, the successor must meet the same requirements/terms as the original donor of the DAF-which includes being a US resident.

Yes, to add an AssetMark Charitable DAF to your estate or will, the funds should be granted to:

To name your AssetMark Charitable DAF in any estate documents, please use the full AssetMark Charitable DAF name and the DAF Account Number held at the AssetMark Charitable DAF sponsor, GiveClear Foundation to avoid any confusion.

For example: "Louise Family DAF at the GiveClear Foundation. Fund Number: 7428cab137bd".

The fund name is decided by the client or advisor and the DAF account number is created upon completion of your AssetMark Charitable account setup. Both can be found on the DAF Overview page.

No, unfortunately we don’t currently support allocating a specific dollar amount.

It's more ideal to use a percentage of the DAF, as the available balance may change over time. If we set a dollar amount and the DAF balance is lower than that amount, it could cause issues. Using a percentage ensures the succession plan is more adaptable to any fluctuations in the balance.

Yes, when adding a Successor, toggle on the "Contingent Successor" flag and follow the same steps for setting up a successor.