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Limitations concerning distributions from
Advise and Consult Funds

Distributions from the PCA Foundation’s donor advised funds (DAFs), which include its Advise & Consult Funds and Recommended Endowments, are only permitted to benefit the organizations receiving the distributions, not the donors to the PCA Foundation’s DAF, donor advisors, or members of any donor’s or donor advisor’s family. This means that PCA Foundation’s DAF funds cannot be used (a) to satisfy any existing and legally binding pledge of a contribution made by a donor, a donor advisor, or a family member of either; (b) to support a fund-raising campaign or event in which a donor, a donor advisor, or a related person will be expected to receive admission tickets or any other gift of a more than negligible value; (c) to pay tuition, fees or other expenses associated with an educational, vacation, recreational or similar pursuit of a donor, a donor advisor, or a related person; or (d) to compensate, pay, or reimburse the expenses or benefit in a similar manner a donor, a donor advisor, or a related person in any circumstance in which the individual is not providing meaningful and extensive services to assist the charitable organization in carrying out its mission.

       

 

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