Donor Advised Funds

Are you looking for a way to benefit the University of Georgia 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. You can also use a DAF to distribute gifts to numerous charities. With a DAF, you can make gifts to charity during your lifetime, and when you pass away, your children can carry on your legacy of giving or you can establish a charity (or multiple charities) as a beneficiary.

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
  • The asset(s) used to fund a donor-advised fund can be invested and grow tax-free
  • Obtain a charitable income tax deduction in the year of your contribution
  • You’ll only have one tax receipt to report on your income tax return, no matter the number of charities you decide to give to

HOW A DONOR ADVISED FUND WORKS

  1. Contribute cash or other assets to the donor-advised fund.
  2. Initiate gifts from your DAF to support the charitable organizations you want to support.
  3. You make annual recommendations on gifts to be made from your DAF.
  4. When you pass away, have your loved ones continue your charitable giving legacy or designate one or many charities as a beneficiary.

More on donor advised funds

If you have a Donor-Advised Fund, or plan to establish one, consider making the University of Georgia Foundation a beneficiary. The process to update your beneficiary with your DAF is very simple. You’ll likely be required to provide the following University of Georgia Foundation information.

  • Charity Name – The University of Georgia Foundation
  • EIN/Tax ID: 58-6033837
  • Address:
    The University of Georgia Foundation
    1 Press Place, Suite 101
    Athens, GA 30601

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.