Giving From Your Donor-Advised Fund: FAQs
How do I arrange a gift from my donor-advised fund during my lifetime?Layer Closed
It is possible to make gifts from your donor-advised fund either during your lifetime or when the fund terminates. For current gifts, notify your fund administrator (using the Standard Distribution Form) that you would like to make a distribution to Africa University.
How do I arrange a gift from my donor-advised fund when the fund terminates?Layer Closed
Simply contact your fund administrator and request a copy of the Change of Beneficiary Form. You can fill this in as you wish and include Africa University for a portion or all of the remainder of your fund's assets.
What are the tax implications of a gift from my donor-advised fund?Layer Closed
Because you have already relinquished control over the donor-advised fund assets and claimed an income tax charitable deduction when you made your gift to the fund, there are no tax implications of this additional transfer from the fund to Africa University.
Can pledge commitments be fulfilled by donor-advised funds?Layer Closed
We advise to refer to your own counsel in this specific situation.
Next
- More detail on Donor-Advised Funds.
- Contact us so we can assist you through every step.
Back
The gift planning information presented on this site is intended as general. It is not to be considered tax, legal, or financial advice. Please consult your own personal advisors prior to any decision.
Read full disclaimer|Site Map|Planned Giving Marketing Content © 2024 by MajorGifts.com.