A Charity Advised Fund (CAF) supports the mission and purposes of the nonprofit. Our services include the charitable gift annuity program, trustee services for charitable trusts and Giving Funds for your donors.
Utilizing these and other WaterStone solutions allows you to keep your focus on the primary purpose and mission for which your nonprofit was established, while leaving the administrative and financial details for your Charity Advised Fund to WaterStone.
When you partner with WaterStone by opening a Charity Advised Fund, givers can make gifts from their WaterStone Giving Funds directly to your CAF to benefit the mission of your nonprofit; not only gifts of cash, but also non-cash assets like appreciated securities, real estate, agricultural, energy and business interests.
Your nonprofit will be included in the list of approved charities and ministries for grants from our WaterStone Giving Funds – our Kingdom Programs page. For a low minimum annual administrative fee of $395, WaterStone empowers your nonprofit by:
For a minimum annual fee of $395, your CAF will be active and added as a Kingdom Program on WaterStone's website. We provide you a login so that you can edit your page in the Kingdom Programs section of our website, where givers can review this page and learn about your nonprofit. Better yet, givers can make a gift directly to your CAF from their WaterStone Giving Fund, an electronic check or credit card donation.
Yes. The WaterStone passion is to help transform these types of assets into living water useful for the Kingdom of God. Please contact us and our experienced team will help determine the best solution to meet your givers’ needs.
You may access your CAF account through the Online Fund View to obtain your current fund balance and view other transactions. WaterStone financial statements are available quarterly and will be posted to the Online Fund View with an email notification sent to you. All investment accounts will be updated as statements are received to their current fair market value. You may contact the Assets, Gifts and Grants team for additional questions about your fund balance and transactions.
Investment options are dependent on the total assets available in your CAF.
Contact the Assets, Gifts and Grants team for information.
Checks are issued once a week, usually on Wednesday. The time may vary for CAF with investments (which must be converted to cash).
Through the Online Fund View, you will be able to view the giver’s name, address, and contributions. When contributions are received from estate settlements, Charitable Gift Annuity agreements, or other planned giving documents, you will be contacted by WaterStone.