Donors Trust
 |
|
| Formation | 1999 |
|---|---|
| Type | Nonprofit (IRC § 501(c)(3)) |
| 52-2166327 | |
| Location |
|
| Coordinates | 38°48′20″N 77°03′37″W / 38.8056°N 77.0603°WCoordinates: 38°48′20″N 77°03′37″W / 38.8056°N 77.0603°W |
| Services | Donor-advised fund |
|
CEO
|
Lawson Bader |
| Kimberly Dennis, James Piereson, Lawson Bader, Thomas Beach, William J. Hume | |
| Affiliations | Donors Capital Fund |
|
Revenue (2014)
|
$67,869,616 |
| Expenses (2014) | $58,239,511 |
| Slogan | Building a Legacy of Liberty |
| Website | www |
Donors Trust is an American nonprofit donor-advised fund. It was founded in 1999 with the goal of "safeguarding the intent of libertarian and conservative donors". Like all donor-advised funds, Donors Trust can offer anonymity to clients who do not wish to make their donations public. It makes grants to charities that are not dependent on government support and that promote limited government, personal responsibility and free enterprise. 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.
Donors Trust is a 501(c)(3) organization. As a public charity and a donor-advised fund, Donors Trust offers clients a variety of tax advantages compared to a private foundation.
Donors Trust accepts donations from charitable foundations and individuals. Grants from Donors Trust 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, Donors Trust can offer anonymity to individual donors, with respect to their donations to Donors Trust, as well as with respect to an individual donor's ultimate grantee.
As a donor advised fund and public charity, Donors Trust 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. Donors Trust requires an initial deposit of $10,000 or more. Donors Trust is associated with Donors Capital Fund. Donors Trust refers clients to Donors Capital Fund if the client plans to maintain a balance of $1 million or more. Donors Trust 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.”
Donors Trust was established in 1999 by Whitney Ball. According to Donors Trust, the organization was founded by a group of donors and nonprofit executives who were “actively engaged in supporting and promoting a free society as understood in America's founding documents.”
...
Wikipedia