Harness the Giving Power of the UK 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 University of Kentucky and other charities.

You transfer cash or other assets to the UK Donor Advised Fund, and then you can then recommend how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.

In return, you qualify for a 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.

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.

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An Example of How It Works

Happy family Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They establish a $25,000 account with the UK Donor Advised Fund.

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, Joe and Laura recommend grants for UK (which they’ve supported for years) and the local humane society. The foundation presents the charities with checks from the Megan Fund, which Joe and Laura named in honor of their daughter. Joe and Laura are delighted to start this personal legacy of giving.

Next Steps

  1. Determine if the UK Donor Advised Fund supports your interests, values and the type of asset you are considering as a funding source.Get to know the UK Donor Advised Fund's policies and procedures-from minimum contributions to administrative fees. Learn more at ukdaf.bgcf.org.
  2. Contact Gift and Estate Planning at (859) 257-7886 or giftandestate@uky.edu to discuss using the UK Donor Advised Fund to support UK and our mission.
  3. Seek the advice of your financial or legal advisor.If you include UK in your plans, please use our legal name and federal tax ID.

Legal Name: University of Kentucky
Address: Sturgill Philanthropy Building, Lexington, KY 40506-0015
Federal Tax ID Number: Please contact us for our federal tax ID number.