Initiate the Funding of your DAF
Once a Client Profile has been created, their DAF is automatically set up. The next step is to Add Funds. The following steps will help guide you through the initial funding of your DAF.
Click Manage Clients on the left side of your navigation bar to view all your client DAFs and click "View as a client"
Select any client and click Add Funds from their homepage:
Adding Cash using a connected Bank Account (via Plaid) is only accessible by the donor client and is not shown to Advisors.
Adding funds via Credit Card is only accessible by the donor client and is not shown to Advisors.
Add Cash Via Wire Transfer from an external account.
Contribute Stock or Securities from an external account.
Transfer an External DAF or Foundation to BlueGive
Follow the step-by-step instructions to begin the contribution process to fund your client's DAF.
Add Cash Using a Connected Bank Account
To connect BlueGive with your Bank Account, Blue Trust partners with Plaid for an effortless and secure connection.
Credential-based login to connect with ~8,000 financial institutions.
2,000+ additional financial institutions that don’t offer credential-based connectivity.
Click Add Funds > Select Bank Account
Follow the steps to connect with the financial institution of your choice. You will be redirected to the 3rd party site to input your credentials. Upon successful connection you will not need to login again going forward.
Set up a Recurring ACH Bank Contribution
Once your Bank Account is connected using Plaid, navigate back to the Add Funds > Bank Account
You’ll see your default bank account listed. From there, enter the contribution amount and choose a frequency—monthly, quarterly, or annually—to set up a recurring contribution.
To make a one-time contribution, select One Time amongst the drop-down options.
To change your default account, simply click Manage Account under the current default.
This will take you to the My Account page, where you can update and select a new default account.
Credit Card Contribution
To connect BlueGive with your credit card account, Blue Trust partners with Stripe for an effortless and secure connection. Please note that only clients can add funds to their DAF via Credit Card. Advisors cannot add a credit card contribution on behalf of their clients.
Click Add Funds > Credit Card
Add Cash Via Wire Transfer
To fund your DAF via wire transfer, click Add Funds on the Overview page or on the Contribute page:
Select Wire Transfer.
The platform will automatically populate the necessary fields to submit a US Dollar wire from your external account.
Note: the DAF Sponsor is The GiveClear Foundation (EIN #81-3222963)
Select the originating account holder making the contribution for tax receipt purposes. Include the Intended Contribution Amount and check the box to acknowledge the intent to contribute.
After clicking Continue, you’ll see instructions to log into your bank or external institution to initiate the wire transfer using the details provided on the screen. Once you’ve completed the transfer from your bank, click Complete Transfer to confirm you've followed the steps.
Please note that with every contribution there will always be two steps: entering the details on the platform, and initiating the transfer from the external party.
Contribute Stocks or Securities
To contribute securities, including appreciated securities to you DAF, click Add Funds on on the Homepage and:
Select Public Securities. The platform automatically populates the necessary fields to submit a securities transfer from your external account.
Note the DAF Sponsor for the program is the GiveClear Foundation (EIN #81-3222963)
Select the originating account holder making the contribution for tax receipt purposes.
Input the Security Details: Custody Platform / Broker, Ticker Symbol, Share Quantity.
Click Add. You may repeat this process to add multiple securities for contribution.
Check the box to acknowledge intent to contribute
For bulk uploads (tax lots, or larger contributions), you may select to Switch to bulk upload, and make use of the example CSV file.
Add the required details (ticker and quantity), save the CSV file, and upload it to the platform to populate the contribution details.
Setup standing instructions with your custodian to initiate the transfer of securities.
Submit the third party transfer request from the custodial account (Fidelity or Schwab).
DTC instructions for Fidelity
DTC instructions for Schwab
After clicking Continue, log into your external institution to initiate the security transfer using the details provided. Once done, click Complete Transfer to confirm you've initiated the transaction.
Once completed, you can view your pending contribution by clicking Recent Transactions and filtering by Contributions.
Clicking on the Details option will show the contribution card, detailing the contribution amount, method (type), timeline, initiated date, contributor (submitted by), and relevant details like the security name (ex. Apple Inc.).
External Fund Transfer
External fund transfer represents, in most cases, a transfer from an existing DAF held elsewhere, or, a transfer from a private foundation.
External Fund Transfers do not create tax receipts as the deduction has taken place prior to the funds being sent to your BlueGive DAF account.
To enter an External Fund Transfer, locate the option amongst the existing funding options, select, and enter the required details:
Existing fund platform (i.e., DAF provider name)
Contribution (transfer) amount
Completing the External Fund contribution requires the donor and/or advisor to login to the outside organization and, in the case of a DAF to DAF transfer, enter a grant payable to GiveClear Foundation, EIN #81-3222963.
When transferring and existing DAF account, or funds from a Foundation account, please be sure to include either the new DAF name, or Fund ID that is made available to the right of the screen in the funding instructions.
Common Contribution Questions (FAQs)
What ticker do I use when contributing a cash position from a brokerage account?
$CASH
I sent my security contribution a while ago and I'm not seeing it added to my DAF balance on BlueGive. Why is that?
Please make sure that you have entered the contribution details within BlueGive. If we do not have those details, we will not be able to reconcile the contribution to the appropriate DAF account.
Please login to BlueGive and complete the intent to contribute in order for the contribution to reconcile properly.
The steps above in this article explain how to contribute funds between cash, stocks, funds, ACH, and credit cards.
What if the details were not entered into the BlueGive platform for your contributions?
If the details weren’t entered, the contribution will not be reconciled because we cannot match the funds. As for the securities, we cannot sell them until the details are entered on the platform.
Please login to BlueGive and complete the intent to contribute in order for the contribution to reconcile properly.
The steps above in this article explain how to contribute funds between cash, stocks, funds, ACH, and credit cards.