Start a Fund
Make Your Own Mark
Benefits of Starting a Fund with Spur:
Tax
Efficient
Cost
Efficient
Consolidated
Reporting
Anonymous
Gifting
Hassle-free
Giving
Whether you want support with annual giving or achieve a specific long-term impact, Spur offers a variety of fund options to meet your needs and alleviate administrative burdens.
Types of funds we Offer
Donor Advised
Often referred to as “DAFs,” these funds are tax-smart and flexible, allowing you and any successors to have an ongoing role in determining where to distribute grants to nonprofits. DAF holders can easily review activity and request distributions from a convenient online portal.
Corporate Advised
Businesses can enjoy the same benefits of a donor advised fund as individuals do. Spur works with you to determine the best giving solution for your business, whether that is giving back to your community or facilitating an employee giving program.
Special Purpose
If you have an area of interest or a specific idea not covered by Spur’s existing funds, we work with you to establish a special purpose fund. Key considerations will include the feasibility of fulfilling your vision and whether the fund requires specialized services such as a custom application or reporting processes.
Memorial
Honor a person’s love for the community by establishing a memorial fund after they pass and enable friends and family to pay tribute with tax-deductible donations. If a person wants to leave a legacy locally, memorial funds can also be a vehicle for bequests in estate plans. Spur works with families individually to determine the purpose, goals, and duration of their memorial fund.
Endowed
If you have a long horizon in mind, Endowed Donor Advised Funds will generate annual distributions to the purpose(s) you designate in perpetuity. You can select a nonprofit beneficiary or choose your areas of interest and set up an annual process to determine beneficiaries. Endowed funds can also be designed to sunset by a future date.