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Medallion Investment Partners Program

CFAAC recognizes that the pooling of invested assets reduces administrative and investment-related expenses, allowing more money to go towards benefiting the social sector. A donor may wish to recommend that their contributed assets be invested outside of our pooled investments. For this reason, we have established certain guidelines for situations when a donor wishes to recommend a specific investment manager or management firm (Donor-Directed Advisor) to hold his or her donated assets.

The Medallion Investment Partners Program gives donors an opportunity to establish Donor Advised Funds (DAF) at CFAAC, while having a qualified advisor of their choosing continue to manage the assets and receive investment management fees. Medallion status is awarded to investment advisors/firms that pass an annual due diligence review undertaken by CFAAC's Asset Management Committee. Medallion funds are separately managed, non-aggregated funds that receive their own investment return. CFAAC may charge a modest additional annual fee to the DAF for this service in addition to management fees charged to cover the cost of administering the fund’s grantmaking.


  • Medallion status is awarded to investment advisors/firms that pass an annual due diligence review undertaken by CFAAC's Asset Management Committee.
  • The Medallion Investment Partners Program is only available for new gifts, however, existing funds managed under the program may receive additional and/or planned gifts.
  • Medallion funds are separately managed, non-aggregated funds that receive their own investment return.
  • Current Donor Advised Fund assets are not eligible to be managed by a Donor Directed Advisor.
  • The minimum amount to start a Donor Advised Fund in the Medallion Investment Partners Program is $250,000 with at least half of the beginning balance designated as endowed. 

Our knowledgeable staff is happy to meet with you and share more, please call us at 410.280.1102 or email