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Donor Advised Fund

Are you looking for a way to benefit ASU Foundation both now and in the future? Would you like to simplify your annual and lifetime charitable giving?

As a direct impact charity, the ASU Foundation doesn't offer a Donor Advised Fund program that would allow gifts to be dispersed beyond the ASU programs; however we would relish the opportunity to explore how ASU is impacting every aspect of life on this planet and ensure that your gift is used when and how you want it to be used.

Also, we are a 501(c)(3) organization and eligible for distributions from Donor Advised Funds.

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.

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
• Receive an estate tax deduction and savings from your gift
• Obtain a charitable income tax deduction in the year of your gift

How a donor advised fund works

1. You make an initial, irrevocable gift of cash or stock to fund a DAF at ASU Foundation.
2. The assets in your DAF grow tax-free.
3. You make annual recommendations on gifts to be made from your DAF.
4. When you pass away, your children may recommend charitable gifts from your DAF.

More on donor advised funds

A donor advised fund has several advantages when compared to a private foundation. 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.

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.