About the Charity Advised Account

Many nonprofit organizations lack the wherewithal to establish an endowment fund as a separate legal entity. Yet, having such a fund can provide organizations with a long-term, growing income stream. Perhaps more significantly, having an endowment fund sends an important message to potential planned giving donors who wish to support their favorite charities into perpetuity. It shows that the organization envisions a stronger future, more capable of carrying out its mission, and is therefore a more secure place to entrust a significant contribution.

The Raymond James Charitable Endowment Fund has created the charity advised account to provide nonprofit organizations with a vehicle for the investment of endowment funds. The Raymond James Trust Companies, trustee of the charity advised account, will partner with the charity to establish an endowment fund in the organization’s name, professionally manage and invest the assets, and protect the interests of the organization.

Next: Establishing an Account

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