Donor Advised Fund

A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Denison and other qualified charities. (While Denison does not sponsor a donor advised fund, we are a qualified non-profit to receive grants from DAFs.) You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.

You can also create a lasting legacy by naming Denison the beneficiary of the entire account or a percentage of the fund. A percentage can also help you create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.

Other Important Notes

• The IRS prohibits DAFs from making distributions that provide “more than incidental benefit” to a donor, like distributions toward a pre-existing pledge. We can structure gift documentation to allow you to make your gift through your DAF—just let us know.
• You can’t mix DAFs with IRA qualified distributions—you must direct your QCDs directly to a qualified charity, like Denison, not a DAF, to receive their related benefits.

DAF Basics

Still learning about DAFs? Discover the ease of opening a donor advised fund—plus the advantages you’ll enjoy—with your FREE guide Centralize Your Giving With Donor Advised Funds.