DONOR ADVISED FUND (DAF)

Donor Advised Fund Application

THE DONORS
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NAME THE FUND
I/We, the Donors, desire to establish, and the Catholic Foundation of Northeast Kansas, a Kansas non-profit corporation, (the "Foundation") agrees to accept a charitable fund to be known as
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DONOR ADVISED FUND.
MAKE THE TRANSFER ($5,000 minimum)
Donor transfers, conveys, and pays to the Foundation, a charitable contribution, and the Foundation is authorized to accept, invest, and distribute as set forth in the Donor Advised Fund Policy. The original amount transferred, along with any growth and interest earned thereon, shall be used for the charitable purposes of the Foundation, as a Donor Advised Fund.
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SELECT A FUND ADVISOR
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SELECT A SUCCESSOR FUND ADVISOR
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INVESTMENT OPTIONS
Our funds are managed by Tower Wealth Managers, an affiliate of Country Club Trust. We offer you an Equity Portfolio (EQ) and a Fixed Income Portfolio (FIP). Portfolio allocations and recent returns are available upon request. The DAF advisor may suggest investment allocation between equity and fixed income. CFNEK invests 100% of contributions to your fund to the Fixed Income Portfolio unless the DAF advisor requests an allocation to the Equity Portfolio
FEES
We charge, on a quarterly basis, a minimum administrative fee in accordance with the Foundation’s board-approved fee structure. The annual DAF fees are $100 plus 1.0% of the value of the DAF.