DAF Pershing Accounts

Establishing your Donor-Advised Fund

Setting up and managing a new donor-advised fund (DAF) through the Renaissance Charitable Foundation (RCF) is quick and easy. Follow the steps below to get started.

Establishing your Donor-Advised Fund

Prepare and provide the following paperwork to RCF for review and facilitation of signature via email to rcf@reninc.com or send to the RCF officers via e-signature (details below):

1. Review the RCF Program Circular for Pershing Accounts and Investment Policy Statement. Provide the Program Circular to the client donors.
2. See Instructions for Opening an Investment Account for additional RCF entity information required to complete the Pershing new account paperwork.
   • Completed paperwork required for RCF to establish a nonprofit organization account with your firm (RCF is the owner of the account therefore your client(s) does not sign the new investment account paperwork).
   • Paperwork to open the investment account is signed by RCF and returned to the Advisor (this generally takes 3-5 business days for paperwork completed in good order).
     • Ensure the newly established investment account is added to the RCF data feed with Pershing, prefix TU5.
3. Complete the online DAF Application for your donor client here. Upon submission of the DAF application, a Docusign request will be sent to the primary advisors and donor(s) on the application.
   • Please note, the online application will require you to enter the primary financial advisor’s CRD number.
4. Log-in credentials for the RCF online portal are e-mailed from do_not_reply@donorfirstx.com to the donor(s) when the Docusign is completed by all parties. Ensure your client is aware they will receive an email.
5. When the investment account has been funded, the Advisor must send confirmation of funding to RCF@reninc.com. This can be a screenshot of the transaction in the receiving RCF DAF investment account but must include the account number and contribution details.

Important Notes:

1. The investment account paperwork should be completed prior to providing it to RCF for signature.
2. RCF requires online access to the investment account to confirm contributions and issue tax receipts, so this section of the new account form or application must be completed.
3. RCF is the owner of the investment account and should sign all investment account paperwork as the account owner. Information within the application regarding the account owner should reference RCF, not the donor(s).
4. The Advisor may need to be licensed in the state of Indiana to open the new account. Check with your firm’s compliance department for their requirements.

RCF address:

8888 Keystone Crossing, Suite 1222, Indianapolis, IN 46240

RCF Officer Information for e-signature requests:

• Gregory W. Baker: gregbaker@rcgf.org | 317-501-3133*
• Alyssa J. Rysdyk – alyssarysdyk@rcgf.org | 616-828-3377*

*Contact number listed for text confirmation of e-signature requests ONLY

Please do NOT share the PII of the Foundation’s Officers with your other clients. For most advisors, this means do not share with your clients a copy of the Account Application, Corporate Resolution, Beneficial Owner / Control Person forms of other forms that include the Officer’s PII.

Also, if your clients are setting up a DAF, this also means do not send a single DocuSign to those clients and also to the Foundation that includes the DAF Application, and the Account Application or other forms that include the Officer’s PII.

Please note:

If the new DAF is being funded from another DAF account, the donor should follow the current DAF provider’s steps for an account closing grant.

The grant to RCF should be made payable to:

Renaissance Charitable Foundation Inc.
EIN: 35-2129262
Address: 8888 Keystone Crossing, Suite 1222, Indianapolis, IN 46240
Purpose: Name of new DAF with RCF

Contact the RCF DAF team at 855-217-8140.