For Donors > Public Charity vs. Private Foundation?
PVF is a 501(c)(3) public charity. Establishing a Donor-Advised Fund at a public charity has several advantages over establishing a private foundation. This chart compares the two:
| Task | Private Foundation | Public Charity (PVF) |
| Establishing a giving entity | Incorporation with state; Recognition by IRS | Simply open a Donor Venture Fund (donor-advised fund) |
| Staffing and administrative requirements | Personnel and office costs range from 11% to 25% | Full use of PVF's professional staff - 2% administrative fee |
| Federal excise tax | 2% annually | Not applicable |
| Payout requirement | 5% annually | Not applicable |
| Tax returns | Must be filed annually | Handled by the public charity |
| Tax deduction | Up to 30% | Up to 50% |
All disbursements from a Donor Venture Fund at PVF are made at the donor's recommendation, with the approval of PVF's Board of Directors.
A day laborer advocates for worker rights. The Day Worker Center of Mountain View provides a dignified alternative to the street, providing a space to connect day workers with employers, and offering English classes, health screenings and a voice in the community.
Donors can support this intiative by contributing to the Day Worker Center Designated Fund at PVF.
Photo: Craig Sherod