DONOR-ADVISED FUND (DAF) EXAMPLE

1. In August 2011, an investor buys 1,000 shares of POOL Corp. at $25 per share for a $25,000 investment.

2. In August 2021, the 1,000 shares are worth $475,000, or $475 per share, and the investor has an unrealized capital gain of $450,000.

3. In August 2021, the investor donates 100 of the 1,000 shares at $475, or $47,500, to a DAF.

• Investment gain: $45,000 ($47,500 - $2,500)

• Estimated capital gains taxes avoided: $9,000 (20% x $45,000)

• Taxes Due: $0

• Tax deduction: $47,500

• Able to distribute the full $47,500 – give what you want, when you want

• Not a private foundation, so no 5% annual distribution rule

“Villere & Co. has been involved with the Greater New Orleans Foundation for a long time,” said George Villere, Partner. “I personally served on its board for nine years, my partners have also served on the Foundation Cornerstone Council, and we are excited to be the lead sponsor of the Impact 100 program. I have seen firsthand what a great job the Foundation has done and the impact it has on our community.”