Donor Advised Funds (DAFs)

Minimum to establish: $10,000

Best for:
Individuals, families, or corporations who want to stay personally engaged in their giving.

What it is:
A DAF is a charitable giving account where you make a tax-deductible gift, invest it for growth, and recommend grants to nonprofits over time. TPCF administers the fund in partnership with PNC Institutional Asset Management, which provides mid- and long-term investment oversight.

Control:
You retain advisory privileges (not legal control) to recommend when and where grants are made. TPCF reviews all recommendations to ensure compliance with IRS rules.

Flexibility:
Support a wide range of nonprofits—LGBTQ+ or otherwise—anywhere in the U.S. Add to your fund anytime and give when you’re ready.

Appeal:
A strategic, flexible, and personal way to give—without the cost or complexity of a private foundation.

Why through TPCF:
Your DAF helps strengthen LGBTQ+ communities across Texas. Consult with TPCF’s statewide insight to connect your philanthropy to the people and organizations driving equity, advocacy, and change—from big cities to small towns.

Agency Funds

Minimum to establish: $10,000

Best for:
Nonprofits that want to build long-term financial stability and invest reserves or endowment assets.

What it is:
An Agency Fund is created by a nonprofit and managed by Texas Pride Community Foundation for the organization’s exclusive benefit. TPCF oversees fund administration and partners with PNC Institutional Asset Management for mid- and long-term investment strategy—so nonprofits can stay focused on their mission and programs.

Control:
The nonprofit is the sole beneficiary. TPCF manages the assets and distributes earnings (and, when applicable, principal) back to the organization according to the fund’s terms.

Flexibility:
Funds can be endowed for perpetual support or non-endowed for more flexible access to principal when needed.

Appeal:
Provides professional investment management, reduces administrative burden, and builds donor confidence in the organization’s sustainability.

Why through TPCF:
By establishing an Agency Fund with TPCF, nonprofits join a statewide network of LGBTQ+ and allied organizations investing in long-term resilience—and advancing a more equitable Texas for generations to come.