RESTRICTED FUND

One possible way to maximize your qualified charitable distribution from your traditional IRA is to utilize Knights of Columbus Charitable Fund’s restricted fund. Knights of Columbus Charitable Fund can help you create one or more restricted fund(s) to pre-fund your giving to designated charitable organization(s). This may allow your contributions to grow tax-free before grants are made to your restricted charitable organization over time.

What is a restricted fund?

WHAT IS A RESTRICTED FUND?

A Restricted Fund with Knights of Columbus Charitable Fund allows a donor to designate a specific charitable organization to benefit exclusively from the fund when it is created. In many cases, individuals leverage a Restricted Fund to make the most of qualified charitable distributions from their traditional IRAs. Known as a Charitable Rollover, this strategy enables you to amplify your support for the organizations that matter most to you, both today and in the years ahead.

How does it work?

HOW DOES IT WORK?

As the donor, you establish the Restricted Fund at Knights of Columbus Charitable Fund and designate the charitable organization you would like to regularly support. When you are ready, you make grant recommendations from your Restricted Fund to your designated charitable organization. Contact Knights of Columbus Charitable Fund to set up your account.

CONTRIBUTE

Make a contribution into your Restricted Fund to kick-start your generosity

How to contribute

ADVISE

Choose an investment allocation for your Restricted Fund

How to Choose Faith-Aligned Investing

GRANT

Recommend grants to your restricted charity

Our Passion Behind Our Purpose

Benefits & Cost

BENEFITS

Knights of Columbus Charitable Fund offers Restricted Funds for individuals who wish to make either a single charitable gift, or recurring gifts to a particular charity. With Knights of Columbus Charitable Fund, nonprofit organizations can also establish a Restricted Fund; Knights of Columbus Charitable Fund then accepts charitable donations on their behalf, including illiquid gifts.

A Restricted Fund is also useful for eligible individuals who wish to make a charitable IRA rollover contribution, which is not permissible into a traditional donor-advised fund. Donors then can receive the maximum income tax deduction available in the year the contribution is made.

Donors may be able to avoid capital gains taxes and realize maximum tax deductibility when donating real estate or other complex assets to a Restricted Fund. Most importantly, by establishing a Restricted Fund and
an Endowment Fund, you can build a sustainable source of funding for the charity and make an impact beyond
your lifetime.

If you are interested in an Endowment Fund, please contact Knights of Columbus Charitable Fund.

FEES

Fund Balance	Administrative Fee
First $250,000	0.75% or $120 (whichever is greater)
Next $250,000	0.65%
Next $500,000	0.50%
Next $1,000,000	0.45%
Next $3,000,000	0.40%
*As of January 1, 2025
Fund Balance	First $250,000
Administrative Fee	0.75% or $120 (whichever is greater)
Fund Balance	Next $250,000
Administrative Fee	0.65%
Fund Balance	Next $500,000
Administrative Fee	0.50%
Fund Balance	Next $1,000,000
Administrative Fee	0.45%
Fund Balance	Next $3,000,000
Administrative Fee	0.40%
Fund Balance	*As of January 1, 2025
Administrative Fee

WHAT DOES IT COST

No minimum initial contribution
No minimum account balance
$25 minimum grant recommendation
Minimum annual administrative fee is
0.75% or $120, whichever is greater

For information on investment fees and strategies, please visit KoCAA.org

How to get started

CONTACT US TO GET STARTED

CONTACT US

If you have any questions about opening an account, please feel free to contact us.

1-833-877-0728

charitablefund@kofc.org

IRA charitable rollover

IRA CHARITABLE ROLLOVERS WITH KIGHTS OF COLUMBUS CHARITABLE FUND

If you are 70 1/2 years old or older, you can make a Qualified Charitable Distribution, or QCD, gift up to $100,000 annually from your traditional IRA(s) directly to a 501(c)(3) public charity.

Learn more about IRA Charitable Rollovers with Knights of Columbus Charitable Fund

“Each must do as already determined without sadness or compulsion for God loves a cheerful giver.”

2 Corinthians 9:7

The gifts we have received are not ours alone. God gave them to us for the purpose of serving Him and serving other people. Each of us has something to give. Generous giving of time, talent, and treasure often defines what it means to be a Catholic.

START YOUR JOURNEY

Our team shares your values and understand that every charitable situation is unique. We are here to provide answers to your questions regarding The Charitable Fund or walk you through getting started with an account.

Open Account