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Harness the Giving Power of a Donor Advised Fund

A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to the Unitarian Universalist Association and other charities.

You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.

In return, you receive an immediate federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.

An Example of How It Works

Happy family Alex and Dana want to give back to the causes that mean the most to them. They establish a donor advised fund with a community foundation.

The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.

After researching community needs with the foundation’s staff, Alex and Dana recommend grants for the UUA (which they've supported for years) and the Animal Rescue League. The foundation presents the charities with checks from the Megan Fund, which Alex and Dana named in honor of their daughter. Alex and Dana are delighted to start this personal legacy of giving.

Discover Gifts That Pay

Your payments depend on your age at the time of the donation. If you are younger than 65, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.