Donor Advised Fund (DAF)
A donor advised fund is a way to simplify your giving by making a gift to a fund with Emporia State University Foundation that can distribute gifts to the charities of your choice during your lifetime and help your children carry on your legacy of giving after you are gone.
Are you looking for a way to benefit Emporia State University Foundation both now and in the future? Would you like to simplify your annual and lifetime charitable giving? A donor advised fund (or DAF) might be a great solution for you.
Benefits of a donor advised fund
- Establish a flexible vehicle for annual charitable giving
- Benefit from a more tax and cost efficient alternative to a private foundation
- Obtain a charitable income tax deduction in the year of your gift
What is a donor advised fund (DAF)?
A donor advised fund is a way to simplify your giving by making a gift to a fund with Emporia State University Foundation that can distribute gifts to the charities of your choice during your lifetime and help your children carry on your legacy of giving after you are gone.
Donor advised fund video
How a donor advised fund works
- You make an initial, irrevocable gift of cash or stock to fund a DAF at Emporia State University Foundation.
- The assets in your DAF grow tax-free.
- You make annual recommendations on gifts to be made from your DAF.
- When you pass away, your children may recommend charitable gifts from your DAF.
Gifts from your donor advised fund
A donor advised fund has several advantages. The start-up time and cost are minimal for DAFs, and gifts to DAFs are generally deductible at fair market value. A DAF is also not subject to the distribution requirements and certain excise taxes faced by private foundations. You can use the "Make a Gift From My DAF" tool to contact your DAF provider and make a grant. We will acknowledge your generous gift as a DAF distribution.
Contact us
If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.