Search form


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.
  • Medallion funds are separately managed, non-aggregated funds that receive their own investment return.
  • 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. 
  • 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.
  • Current Donor Advised Fund assets are not eligible to be managed by a Donor Directed Advisor.

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