How to Give
Advised Funds
Resort Partnerships at The Ocean Foundation
Loreto Bay Foundation
The Loreto Bay Foundation was established to support and fund local projects in the community of Loreto, Baja California Sur and in the Loreto Bay National Marine Park.
The St.Kitts Foundation
The locally-based St.Kitts Foundation was established to provide local support for all three pillars of sustainable development: social, ecological and economic.
Donor Advised Fund
A Donor Advised Fund (DAF) is a charitable vehicle that allows you to recommend monetary distributions and investments to organizations of your choice through The Ocean Foundation. Having your donations given on your behalf allows you to enjoy the full benefits of tax exemption and avoid the costs of creating a private foundation.
Benefits
A charitable donation in the form of a DAF gives you the opportunity to receive immediate tax advantages and allows you to advise on the donation of your funds.
- create a charitable legacy for you or your family
- establish and name your own fund quickly and easily ("The Smith Fund")
- recommend the recipients for the fund's grants
- remove year-end giving pressure while receiving an immediate tax deduction
- contribute cash, securities, real estate, and/or other assets
- donate anonymously if desired
- and most importantly, help save the planet’s oceans
Services
As a legally incorporated and registered 501(c)3 charitable nonprofit organization, The Ocean Foundation operates as a community foundation dedicated to the preservation of the oceans. By choosing TOF as the host of your project or fund, you can minimize the amount of time and money you must spend on infrastructure and administration, and thus maximize your impact on the oceans.
The services provided by The Ocean Foundation include the financial oversight, administrative support, legal compliance, tax reporting and annual audit that are a necessary part of running a nonprofit enterprise. In addition, depending on your particular needs, we can also provide project consulting, grant administration, contract management, fundraising advice, investment strategy, and a variety of other services as required.
Three Functions of a DAF:
Fund Investment- Your donated funds are managed by TOF’s financial services partner (or your own advisor if you wish and your DAF is over $1 million).
Administration- TOF manages the processing of grants, contributions, due diligence, tax filings, etc. A TOF DAF offers the additional advantage of putting administrative fees to work on behalf of ocean conservation, as these fees help to support TOF’s work with grantees, advisors, and the community of those concerned with the oceans.
Grantmaking - TOF’s greatest value-added comes from providing you with all the support you need to make wise and effective ocean conservation grants.
Committee Advised Fund
A Committee Advised Fund (CAF) at The Ocean Foundation offers you an easy way both to develop your philanthropic plan and to manage your legacy. A CAF is substantially similar to a DAF, except that the grantmaking advice comes from a committee established by TOF and the donor to provide an expert panel to advise TOF's board in grantmaking, scholarships or other awards from the fund.
Resort Partnerships at The Ocean Foundation are a special type of Committee Advised Fund; they support local conservation, sustainability, and long-term positive community development with 1% of the proceeds from coastal and island developments. To learn more about our resort partnerships model, download our resort partnership information sheet.
To learn more about our current advised funds, visit our partnership page.