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DonorsTrust

American nonprofit donor-advised fund

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  • 5 chapters

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It is affiliated with Donors Capital Fund, another donor-advised fund. In September 2015, Lawson Bader was announced as the new president of both DonorsTrust and Donors Capital Fund. Bader was formerly president of the Competitive Enterprise Institute and vice president at the Mercatus Center.

Overview

DonorsTrust is a 501(c)(3) organization. As a public charity and a donor-advised fund, DonorsTrust offers clients a variety of tax advantages compared to a private foundation.

DonorsTrust accepts donations from charitable foundations and individuals. Grants from DonorsTrust are based on the preferences of the original contributor, and the organization assures clients that their contributions will never be used to support politically liberal causes. As a donor-advised fund, DonorsTrust can offer anonymity to individual donors, with respect to their donations to DonorsTrust, as well as with respect to an individual donor's ultimate grantee.

As a donor-advised fund and public charity, DonorsTrust accepts cash or assets from donors, and in turn creates a separate account for the donor, who may recommend disbursements from the fund to other public charities. DonorsTrust requires an initial deposit of $10,000 or more. DonorsTrust is associated with Donors Capital Fund. DonorsTrust refers clients to Donors Capital Fund if the client plans to maintain a balance of $1 million or more. DonorsTrust president Lawson Bader said the goal of the organization is to "safeguard the intent of libertarian and conservative donors," ensuring that funds are used only to promote "liberty through limited government, responsibility, and free enterprise".

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