About five years ago now, I set up a Donor Advised Fund through a Community Foundation and it's one of the most gratifying things I've ever done. Through this foundation, once a fund reaches $10,000, then each year an amount is available for gifting through the Foundation. Until a fund reaches $10,000, it's referred to as an Emerging Fund and I think there's about five years or so to bring the fund to the $10,000 minimum. I had read an news article about how the average person could leave a lasting legacy, so we researched how to go about doing that in our community.
All the best in exploring options and making a decision!