Charity Advised Fund

We can help your church set up an online giving option.

Follow these steps and we can get your church set up quickly and easily.

  • Fill out a short application.
  • We will set up a church account called a Charity Advised Fund.
  • We will send you a link to your giving page (view a sample here).
  • You can add the link to your website and/or distribute the link to your congregation.
  • You will be able to monitor the donations online and request funds as needed.

CHARACTERISTICS:

  • The minimum disbursement is $100 per transaction.
  • The organization will receive a quarterly statement.
  • Funds will be invested in our Money Market strategy.

PRICING SCHEDULE FOR SERVICES:

  • Distributions from funds held for less than 30 days will be charged a 0.50% transaction fee
    per distribution. WAIVED DURING COVID SITUATION
  • Distributions from funds held for more than 30 days will not be subject to any fee.
  • Debit card, credit card and e-Checks are acceptable donation methods.
    MB Foundation will pass along the processing fees to the Charity Advised Fund.
    Bank credit/debit card processing fees are 3% of the donation. E-Checks fees are 2% of the donation.

ONLINE ACCOUNT MANAGEMENT:

Mbfoundation.com allows secure, efficient access to accounts 24/7.
This service provides you the ability to view balances, statements and activity on the account.

Start a Charity Advised Fund

Fill out a short application to open an account for your organization.