Signature Funds

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	Signature Funds View all charitable fund types
What is it?	A Signature Fund is a Donor Advised Fund that maintains a balance of at least $1 million. It operates under the same regulations that govern Donor Advised Funds, but The Minneapolis Foundation has designed a program of additional benefits that make Signature Funds a great alternative for donors considering a private foundation.
When is it used?	When a family or individual has an opportunity to set aside charitable assets of at least $1 million and maintain this level over time. The donors retain the right to make grants to charitable organizations in the family name, as if from a private family foundation.
How does it work?	Signature Funds combine many features of a private foundation – such as independent identity and enhanced investment options – with all benefits that donor advisors currently enjoy, including tax advantages, minimum administrative requirements, online access, and a high level of personal service. In addition, Signature Funds also offer a higher level of customized philanthropic support, including a variety of ways to help donors and their families accomplish their unique charitable goals. A Signature Fund may use the word “Foundation” in its name, with limited reference to The Minneapolis Foundation. Customized stationery is used for all grant correspondence and checks also bear the Signature Fund name. The administrative and investment fees for Signature Funds are the same as those for Donor Advised Funds. Any Donor Advised Fund with assets of $1 million or more can become a Signature Fund upon the donor’s request.
Learn more	We're happy to help you find the charitable giving or estate planning option that works best for your situation. We can work directly with you or through your professional advisor. Call us today at (612) 672-3878 or e-mail us at development@mplsfoundation.org.

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Making a world of difference

Scott and Sue Augustine had a vision to give hope to orphaned children in Tanzania – and to teach their own sons about the importance of reaching out to others.

Through Peace House Africa, the Augustines are creating a brighter future for Africa's orphans, vulnerable children and their communities through nurturing care, dynamic education, technology research and business development.

The vehicle to make it happen? A Signature Fund at The Minneapolis Foundation.