Imagine having a savings account that allowed you to send grants to your favorite ministries. The Giving Fund is a convenient financial vehicle for meeting the needs of your most cherished causes while allowing you to make charitable contributions and receive an immediate charitable income tax deduction. Giving Funds are invested by the Foundation, and you may make grants of $250 or more to charitable causes throughout the year. Over the life of the account, we ask that you direct at least half of the grants to Southern Baptist ministries. A Giving Fund may be set up to bear your name, or it may be anonymous.