Setup NWM DAF Steps

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

Paperwork

Prepare and provide the following paperwork to RCF for review and signature via email to nm@reninc.com. If you have questions regarding these steps, the NWM Client Services team can be contacted via phone at (855) 630-3439.

1. Provide your client with the NWM program circular and review the Investment Policy Statement 
2. Send any required Pershing paperwork requiring RCF signature to establish the investment account and add RCF as a recipient for data feeds and electronic statements
   • This generally includes an application for non-profits/entities along with supplemental forms as determined by Pershing.
   • Please note – this paperwork should be completed prior to providing it to RCF for signature.
   • See Instructions for Opening an Investment Account for additional instructions.
   • Advisor firm’s Advisory Agreement for RCF review and signature
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.

Next Steps

1. The Advisor works with their client to fund the newly created investment account. When the investment account has been funded, the Advisor must send confirmation of funding to nm@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.
2. The Advisor must also ensure that the Pershing investment account is added to the data fee for RCF through Pershing, prefix TU5.
3. Ren credits the contribution to the account. The process is now complete!

Instructions for navigating the platform can be found here.

Important Notes

1. 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).
2. 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.
3. Click here for frequently asked questions of RCF DAFs.

RCF address:

8888 Keystone Crossing, Suite 1222, Indianapolis, IN 46240

Note: Investment paperwork may be sent to officers for e-signature:

Contact number listed for text confirmation of e-signature requests only.

Gregory W. Baker – gregbaker@rcgf.org | 317-501-3133

Alyssa J. Rysdyk – alyssarysdyk@rcgf.org | 616-828-3377

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.

If you have any questions regarding your fund establishment or there are special steps required for your donated assets, contact us at consulting@reninc.com and we will guide you through the process.