Announcing the Giving Gap Community Fund: A First-of-Its Kind Social Donor Advised Fund powered by Charityvest

Giving Gap, a free online platform of Black-founded nonprofits, has announced it is one of the first organizations to create a Community Fund, utilizing the new capability from Charityvest. This will unlock new ways for donors, advocates and supporters to collaborate around giving.

Charityvest, a provider of modern charitable giving accounts, or donor-advised funds (DAFs), has recently introduced Community Funds to enable any community to create tax-deductible, collaborative giving funds for any charitable purpose.

"We are excited to partner with Charityvest on this new offering," said Heather Infantry, Giving Gap CEO. "Community Funds are a great vehicle to shine a spotlight on Black nonprofits and are an easy way to bring us closer to closing the funding gap for these groups doing incredible work in their communities."

"We believe technology has the power to catalyze generosity by making giving more purposeful, accessible, and dynamic," stated Stephen Kump, CEO and co-founder of Charityvest. "We've built a modern donor-advised fund platform, and are now introducing Community Funds to enable more donors of all sizes and interests to pioneer a more engaging, enjoyable community-oriented approach to giving."

Learn more about the Giving Gap Community Fund and ways to give.

About Giving Gap

Giving Gap is dedicated to ensuring sustained commitments to and elevating the visibility of local Black-led and Black-founded nonprofits serving Black communities. To date, over 1,400 organizations are part of its wide network across an array of sectors from Arts & Culture, Careers, Criminal Justice, Environment, Technology and more.

For additional details visit givinggap.org , Instagram and LinkedIn .

Charityvest is a sponsor of modern donor-advised funds (DAFs) leveraging technology to create a premier charitable giving experience for free or low fee. Charityvest's intuitive design makes a traditionally complex financial product both simpler and more powerful, enabling tax-smart, purposeful philanthropy to be more attractive, efficient, and accessible to donors large and small. To date, Charityvest has facilitated nearly $90 million in total giving across thousands of donors. The organization is headquartered in Atlanta, GA, and partners with a venture-backed software company, Vennfi, Inc. to deliver its services. Vennfi is supported by venture capital investors such as Y Combinator, Teamworthy Ventures, and Sovereign's Capital. For more information, or to start your personal giving account, please visit chairtyvest.org.