A donor advised fund (DAF) is a charitable giving vehicle designed to invest, grow, and give assets to charities for meaningful and lasting impact. Contributions may be eligible for a tax deduction, and investment growth is typically tax-free. *

No, there is no minimum contribution amount at this time.

A 60 bps (.60%) annual fee is assessed on held balances for the first $1,000,000.

For all amounts over $1,000,000, BlueGive assess fees equal to 20 bps (.20%).

For all amounts over $2,500,000, BlueGive assesses fees equal to 10 bps (.10%)

BlueGive does not charge account minimum fees

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

You may be required to file Internal Revenue Service (IRS) Form 8283 with your tax return to report information about noncash charitable contributions, if the amount of your deduction for all noncash contributions during the year is greater than $500, before applying any AGI limits.

Qualified appraisals are generally required for hard to value assets and therefore not required when donating marketable securities and cash through BlueGive by Blue Trust account. Please consult your tax advisor for more information.

At this time, a private foundation may make a grant to a BlueGive by Blue Trust account. The foundation would need to make a grant to GiveClear™ Foundation, the nonprofit organization that sponsors the account.

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

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 BlueGive Donor Advised Fund at Blue Trust.

As such, it receives your contributions, invests them in approved Blue Trust investment vehicles 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.

You can create a succession plan by naming a successor advisor, a charitable beneficiary, or a combination of both in the “My Profile” section of the 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.

Paper receipts are not provided for BlueGive by Blue Trust accounts. However, you can download tax receipts for all your charitable contributions. Just go to the “Documents” section of the 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 care@bluegive.org and they can assist you.

The funds that are not allocated towards any of the strategic stock and bond funds sit in a cash pool, which is targeted to be 90% SGOV and 10% USD. For example, let's say I have a $1M DAF and I have $800K in the 60/40 model and $200K in "cash". $180K of the cash would earn interest from SGOV while $20k would not earn any interest and remain in USD.

The investment options are commingled funds comprised of the Blue Trust Strategic Stock and Strategic Bond funds.

On the Invest page (screenshots below), advisors can choose the equity / bond allocation between each strategy for your client's DAF.

Assuming the two stated models are referring to the ones provided via the RBT investment team, the underlying investments would not differ.

Rebalancing occurs on a quarterly basis.

You can find that under the contribute tab in the top left corner

To add a BlueGive DAF to your estate or will, please note that the funds should be granted to:

Yes! Here are the steps

Donors get tax credit for the value of the security when the change in ownership happened (from donor to DAF sponsor). Change in ownership happens when the DAF sponsor (GiveClear Foundation) receives the security in their account.

Liquidation happens the same day as long as the funds were received before 2pm EST, otherwise liquidation happens the next business day. The actual proceeds from that liquidation is what gets added to the DAF balance.

click All DAF's--> click the three dots next to the client's name--> Edit Client Details--> enter the new email address

GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account, will post the proceeds to your account.

Additionally: When you make an initial cash contribution, it may take up to three business days before you can use the proceeds to recommend grants and investments.

For all your subsequent cash contributions, it may take up to five business days before the proceeds are available.

Once your charitable contribution is posted in the account, it becomes the property of GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account. GiveClear will help you make charitable grants using your contributions.

When you make your initial contribution, the funds will be transferred on the same business day if submitted prior to 11:00 PM ET. If submitted after 11:00 PM ET on a business day or on a weekend, the funds will be transferred on the next business day.

Depending on the processing time of the bank you’re transferring from, it may take up to 10 days to process each of your subsequent contributions.

GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account, won’t charge you a fee for making a contribution.

No. Your contribution into the BlueGive account is a charitable contribution and as such, it is irrevocable.

You can contribute cash, stocks, mutual funds, ETFs, or transfer external DAFs to a BlueGive by Blue Trust account. You also have the option to contribute complex gifts such as real estate, crypto currency, art, and much more.

You can make contributions by EFT from any personal savings or checking account at a U.S. bank. The account registration should match the corresponding registration on your bank account.

You can name a BlueGive by Blue Trust account as the beneficiary of an IRA or other retirement plan. Contact your plan administrator for instructions. Donor Advised Funds are not eligible recipients for an IRA Charitable Rollover. Below are the details you'll need to know:

Charity legal name: The GiveClear Foundation

Charity EIN: 81-3222963

Charity mailing address: 1235 East Blvd Ste E, PMB 1836, Charlotte, NC 28203

Donor Advised Fund at Charity: provide unique name or number

**Note: Federal tax laws do not permit donors to make a qualified charitable distribution or rollover of funds from an IRA to a donor advised fund. Distributions from traditional IRA to the Fund are recognized as taxable income by the IRA owner. However, the IRA owner may be eligible for a potential charitable income tax deduction up to the amount of the IRA distribution. The distribution may be counted towards the IRA owner’s required minimum distribution for the year. Donors should consult their tax advisors to understand the tax implications of a distribution from an IRA to The GiveClear Foundation.

You can recommend a grant to an IRS-qualified public charity using the available funds in the account.

If you’re not ready to recommend a grant yet, you can recommend an investment for your account from a variety of Blue Trust investment vehicles. However, if you don’t make an investment recommendation, your contributions will be invested in the Cash and Short-Term Pool by default.

Yes! When making a contribution, choose Other within the contributor drop down-->enter the contributor's name. Whomever is the head of household for the DAF will need to download and send the tax receipt to this contributor.

To make your transfer, open a BlueGive by Blue Trust account.

Contact your current DAF provider and recommend a grant to “GiveClear™ Foundation” (EIN# 81-3222963).

Please be sure to include your full name and BlueGive by Blue Trust account number in your grant request. You can find the account number in the account confirmation email, which you’ll receive once the account opening process is complete.

To track the status of any contribution click on the Contributions tab at the top of the overview page--> below you will see the contribution history table. You can click on the contribution to view the contribution timeline.

Typically, you will want to initiate your charitable transfer of cash or securities so that GiveClear™ can receive the contributed asset before December 31st.

To receive an official receipt for your charitable contribution in a given tax year, the contribution must be received by GiveClear prior to December 31st in the same year. Please note that processing times may vary, and GiveClear and Blue Trust are not responsible for delays.

Generally, contributions are irrevocable once received and accepted by GiveClear™ Foundation, the non-profit organization that sponsors the account.

It may take up to five business days for a recent contribution to be reflected in the account balance. If it still looks incorrect after 5 days, please reach out to care@bluegive.org and they can assist you.

NCF does not allow in-kind DAF transfers. You will need to liquidate the account first, and then create a gift out of the NCF DAF to the GiveClear Foundation in the full amount of the DAF.

GiveClear Foundation
1235 East Blvd
Ste. E PMB 1836
Charlotte, NC 28203

Choose the below option, and follow the instructions from there

The tax receipt is generated once we receive the shares in the GiveClear Foundation account, which is usually the same day the shares are liquidated. The only time the shares are not liquidated the same day is if we receive them after 2pm EST. In that case, they would be liquidated the next day.

he platform calculates the tax value of the gift (shares received) which is the average of the share price high and low on receipt date.

We certainly can receive cryptocurrency gifts, but we would file this under the complex gift label and work with the Charitable Solutions to help process and liquidate the funds. Please reach out to care@bluegive.org if you're interested in gifting cryptocurrency.

Yes, there is a 3% fee

No. GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account, will make all grant transactions on your behalf.

Yes, the minimum is $50

You can recommend a grant to any IRS-qualified public charity that’s in good standing with the IRS and the Office of Foreign Assets Control (OFAC). Churches and Universities can also receive gifts from a DAF and are not required to register with the IRS.

No. Account contributions are immediately eligible for itemized tax deductions, but you can’t claim deductions for your grant recommendations because the deduction has already happened when you made the contribution.

It’s a charitable organization that has filed an exemption application (Form 1023) with the IRS for tax-exempt status under Internal Revenue Code Section 501(c)(3), and has received a determination letter indicating that it’s been approved.

All grant recommendations are reviewed to:

As grants are reviewed and approved, the grants are made to the approved charity.

Go to the account dashboard. Use the search feature to find and choose your favorite charity using the charity’s name or its federal employer identification number (EIN) (XX-XXXXXXX).

Choose “Grant” to enter the amount of your recommended grant, indicate if you want to make the grant on a recurring basis, and specify if you want to make your grant anonymously.

Choose “Grant” again to finalize the process.

You can’t make third-party contributions to an account at this time.

Subject to certain limitations, you can specify a special purpose for your grant when you make your grant recommendation. Keep in mind that you cannot make any grants to benefit yourself or your relatives.

Your grant recommendations must be made for charitable purposes from which no more than an incidental benefit is derived.

This means you can’t make any grants to attend an event, purchase tickets, or pay for auction items. You’re also prohibited from making grants with the agreement that goods or services will be provided in exchange.

No, you can’t make any split grants from a charitable account.

Any grant intended to pay for all or a part of a ticket to a charitable event will not be fulfilled. This policy is based on the Pension Protection Act of 2006, which includes rules for donor-advised funds.

You can recommend grants to fulfill a nonbinding pledge, but you can’t use them to fulfill any of your binding legal obligations.

You can’t make grants to crowdfunding organizations that aren’t qualified as a public charity with the IRS. To support someone who’s participating in an activity for charity, you can recommend a grant to the charity itself.

You can’t make a grant to an educational institution to cover tuition for an individual. However, you can make grants to support a scholarship program that is administered by a qualified public charity.

No. You’re prohibited from making a grant that provides personal benefit that’s more than incidental.

No. You’re prohibited from making grants that will be used for lobbying purposes or to support a political campaign.

Subject to certain limitations, you can recommend a grant to a U.S.-based charity that works overseas and can fulfill the intended charitable activity.

No. All grant checks are delivered by GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account.

Yes, you can choose to make your grant anonymously. Your chosen charity will receive the funds without any information about your name or address.

Unless you specify that you’d like to give your grant anonymously, your fund name and e-mail address will be provided to the grantee.

GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account, will distribute your grant via check or ACH payment.

Grant recommendations may take up to 10 business days to process and are subject to the approval of GiveClear™ Foundation, the nonprofit organization that sponsors the BlueGive by Blue Trust account.

The review time needed to process a grant recommendation may vary based on its purpose or the grant recipient. You can track the status of your grant recommendation in the account history.

If your chosen charity doesn’t cash your grant check within 90 days, the check will be cancelled and redeposited into your account.

Your grant may have been declined for one of the following reasons:

GiveClear™ Foundation’s EIN is # 81-3222963.

You can find receipts for all your charitable contributions under “Documents” on the account dashboard.

To track the status of any grant issued from the account, go to the “Transactions” section of the account dashboard and choose “Grants.”

If the Grant is in "pending" status, then yes. Generally, grant recommendations may not be reversed once it’s been approved by GiveClear™ Foundation, the non-profit organization that sponsors the account.

Usually the charity will have you grant to the home branch and specify which local chapter you want the donation to go to in the grant notes.

Grants are eligible for Type 1, Type 2, and Functionally-Integrated Type 3 supporting orgs, and to private foundations. Grants are not allowed for Non Functionally-Integrated Type 3 supporting orgs and private non-operating foundations.

Your BlueGive Account Team has access to a Bulk Charity Submission tool that will assist in migrating one-time or recurring grants onto the platform when moving from another DAF platform. Our Success Managers will recreate all gifts on behalf of a client for any number of grants. This feature prevents the need for an advisor or client from manually setting up multiple grants to charity, as each new grant requires the client to attest to its submission. Once each grant is set up, clients will have the ability to "attest" to the validity of each grant in bulk, saving time and effort. In short, the process is now seamless for smoothly migrating existing DAFs & all recurring grants over to BlueGive.

Monthly, quarterly, annually

No, it never expires! If you need to resend the invite you can do so here:

Yes, they can do this under the client profile

Yes! Here is that number: (201) 674-8148