Dunham / UI Charitable Story

Dunham & Associates Investment Counsel, Inc. ("Dunham") was interested in offering Donor-Advised Funds to their clients. “There were a lot of organizations we could have gone with,” Salvatore M.Capizzi, Dunham’s Chief Sales & Marketing Officer commented, “but when we connected with UI Advisors, they had an enthusiasm about the work they did for impact. It was different from the others. It was almost as if they had a higher commitment to the work they were doing. We loved that enthusiasm.”

UI Advisors offered a cost-effective Donor-Advised Fund that has unique flexibility to accept a wide variety of assets and an open architecture for advisors to manage and custody the assets. Mr. Capizzi recalled: “We found that there were broad asset types that UI accepts. We highly appreciate that, and it made a lot of sense to us. The UI Donor-Advised Fund fits very nicely with what we do with our program at Dunham. We also loved where they could have the assets directed – it could be international, or to a for-profit company.”

Mr. Capizzi also valued UI Advisor's ability to complete due diligence on impact organizations quickly: “It wasn’t a matter of six or nine months – a lot of the work we have done with them only took two or three weeks. We had one client who wanted to provide developing countries with clean water and UI did the due diligence – within a month! UI helped us with another client who wanted to support churches in developing countries. It didn’t take months and months to complete. It was two or three weeks.”

Mr. Capizzi has noted, “We’re trying to show the financial advisor that there are things they should be looking at with Donor-Advised Funds. Sometimes advisors fail to bring up charitable intent; the part of a financial plan that doesn't get the attention it deserves.” As a result, the accessibility of the UI Donor-Advised Fund continues to help Dunham clients achieve their philanthropic goals.

Dunham and Associates Investment Counsel Inc. is a registered investment adviser and broker/ dealer. Member FINRA/ SIPC.

UI Charitable Advisors and Dunham are not affiliated entities.