RCF was proud to partner with TIAA Charitable beginning in 2016, providing third-party back-office administration and technology services to Giving Fund donors and advisors. Established in 2000, RCF is a 501(c)(3) public charity that operates private-label donor-advised fund programs for many of the nation’s most prominent financial services and philanthropic organizations. In partnership with RenPSG, an end-to-end philanthropic technology innovator, we granted $2.38 billion to charity in 2019.

In this next chapter, we are honored to have the opportunity to continue supporting your philanthropic values and ambitions, and we are committed to providing you with the exceptional service that you have come to expect. Please let us know what we can do to assist you during this period of transition – below you will find answers to several frequently asked questions, as well as links and contact information.

1. Traditional DAF accounts maintain a minimum account balance of $5,000 and have a similar fee schedule as before

Each RCF Giving Fund Traditional DAF is assessed an administration fee. The fee is assessed pro rata on a quarterly basis. The fee structure and Giving Fund balance will generally be calculated using the average daily balance and will impact the amount available for grants. Fees are based on the total Giving Fund balance, as follows:

• Balances up to $500,000 = 0.60% or $250, whichever is greater

• Next $500,000 (balances $500,001-$1,000,000 = 0.30%

• Next $1,500,000 (balances $1,000,001 - $2,500,000) = 0.20%

• Additional assets over $2,500,000 (balances over $2,500,000) = 0.15%

The RCF Giving Fund has the same TIAA investment options—and two Social Impact investment options: TISCX, the TIAA-CREF Social Choice Equity Fund and TSBIX, the TIAA-CREF Social Choice Bond Fund. For complete details, including investment options and fee schedules, download the RCF Giving Fund Circular.

2. NEW! Those who have DAF Accounts with less than $5,000 will have access to our NEW MyDAF account

Brand new for 2021, our MyDAF is a giving product designed to support a whole new generation of donors in their philanthropic and charitable endeavors, with features that include:

1. Initial contributions as low as $50 and no minimums on additional contributions

2. Support for ACH and Credit Card processing

3. No minimum account balance—all in cash, with real-time value

4. Grants for as little as $5

5. 100% donor self-service

6. Community and gamification

7. Highly affordable—with fees starting at just $1.25 per contribution and $7.95 per month

Learn more about MyDAF Accounts by downloading our program overview brochure.

Traditional DAF Account Fees:

Each RCF Giving Fund Traditional DAF is assessed an administration fee. The fee is assessed pro rata on a quarterly basis. The fee structure and Giving Fund balance will generally be calculated using the average daily balance and will impact the amount available for grants. Fees are based on the total Giving Fund balance, as follows:

• Balances up to $500,000 = 0.60% or $250, whichever is greater

• Next $500,000 (balances $500,001-$1,000,000 = 0.30%

• Next $1,500,000 (balances $1,000,001 - $2,500,000) = 0.20%

• Additional assets over $2,500,000 (balances over $2,500,000) = 0.15%

MyDAF Account Fees:

Brand new for 2021, MyDAF for RCF Giving Fund is a modern giving solution designed to support a full range of donors in their philanthropic pursuits. With MyDAF, donors can establish giving accounts with initial contributions as low as $50, via credit card or ACH, by simply logging on directly from their mobile phone or web app. After the first contribution, there are no subsequent minimums, contributions can be made in any amount, and accounts do not require a minimum balance. Your contributions are maintained as cash accounts, with real-time value, and grants can be made to your favorite charities for as little as $5. It’s like a mini-DAF – and it’s a simple, cost-effective and convenient way for individuals to manage their giving.

• MyDAF Account Fees: $7.95 per month

• $1.25 per contribution

The name of your Giving Fund account and all active participants transferred to RCF.  Participants, including your Wealth Management Advisor, were given the same level of access to the RCF Giving Fund as they had with the TIAA Charitable Giving Fund. Please contact us if you wish to change the level of account access provided to your Wealth Management Advisor.

**Based on feedback we’ve received from several donors, we now plan to transition grant history from TIAA Charitable to RCF to make future granting easier for donors. Other historical transactions, such as contributions, will continue to be available on the TIAA Charitable Giving Fund portal. Additionally, active recurring grants will not transfer to RCF and must be submitted once your RCF Giving Fund account is active.

Log in to your RCF Giving Fund and check out the new look and feel. You can also review the information for accuracy. Please note that your TIAA Charitable Giving Fund account will be available for VIEW ONLY access from March 8, 2021 through April 30, 2021. During this time you can review historical data and download statements for your records. The new RCF Giving Fund will have access to historical grant data from the TIAA Charitable Giving Fund by April 30th.