FAQ
Donor Advised Fund/Endowments
When will I receive the deductions for the funds in my DAF/Endowment?
When the funds are placed into the account.
How much can be distributed from my Endowment?
Typically, the endowment can only pay out the income portion to the ministry. However, you will need to refer to your Endowment certificate or Trust Officer to find out the details of your specific endowment.
Will I get a receipt from the beneficiary ministry when my DAF/Endowment gift is made?
Not necessarily, because the charitable gift was made to the AG Foundation and was receipted for tax purposes at creation.