Leverage Your Giving for the Long Term
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 UK and other qualified charities. 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.
UK created its own donor advised fund as a service to encourage and assist alumni and friends to support the charitable organizations they love. The UK Donor Advised Fund is an alternative to other commercial donor advised funds. Your support of UK's program helps make it available to other alumni and friends of the University of Kentucky.
You can also create a lasting legacy by naming UK the beneficiary of all or a percentage of your UK Donor Advised Fund or other commercial donor advised fund. You may wish to leave all or a portion of your donor advised fund to a successor advisor, such as a family member, to continue recommending grants to charitable organizations. Contact us or the fund administrator for a beneficiary form.
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.
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE Guide Plan for Retirement with a Deferred Gift Annuity.
An Example of How It Works
Joe and Laura want to give back to their alma mater by putting their money where it will do the most good. They establish a $30,000 UK Donor Advised Fund. The couple receives a federal income tax charitable deduction for the amount of the gift.
Joe and Laura can now use their UK donor advised fund to benefit UK and other charitable interests. After talking with a staff member from the UK Office of Philanthropy, Joe and Laura establish the Patricia Scholarship Fund, which Joe and Laura named in honor of Laura’s mother. They can recommend recurring grants for academic scholarships each year to the fund. Joe and Laura name the Patricia Scholarship Fund as the beneficiary to receive the account balance after their lifetimes.