How a Donor-Advised Fund Works

Increase your charitable giving impact with a TIAA Charitable donor-advised fund Learn how TIAA Charitable’s donor-advised fund, called the Giving Fund, is an easy and tax-smart way to make a bigger impact with your charitable giving and donations. TIAA Charitable is an independent public charity dedicated to encouraging philanthropy by helping donors make the most of their generosity. www.tiaacharitable.org T01MM46SS 3/22/2017 12:00:00 AM
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A Giving Fund is technically known as a DAF, or Donor-Advised Fund; that’s the legal name for it.

It works like a personal fund dedicated to your charitable giving. Instead of writing multiple checks to individual charities, you contribute everything into one simple Giving Fund and you may be eligible to get a tax deduction for the current year. Decide now or later which charities you want to recommend that your Giving Fund support. While you decide, your contributions are invested with the potential to grow tax free and make a bigger impact.

Contribute to a Giving Fund

Open a Giving Fund, give it a name and consolidate all your giving into one place. You can make contributions, which are irrevocable, of cash, appreciated securities (like stocks) or certain complex assets whenever you like. You may even recommend a grant to your Giving Fund from another donor-advised fund that you already have.

  • check markOpen with a $5,000 minimum contribution
  • check markContribute cash, securities or complex assets*
  • check markContribute from a donor-advised fund at another organization
  • check markAdd to your Giving Fund with contributions of $250 or more at a time
  • check markContribute as often as you like

Get a Smarter Tax Deduction

When you contribute to your Giving Fund, your contribution is irrevocable and may be eligible for a tax deduction for the current year. You decide when to recommend grants (that's the term for using your Giving Fund to support specific charities). You can get the benefit of a tax deduction right away and decide later on the charities or causes you want to support.

  • check markNo capital gains taxes on long-term appreciated securities, like stocks
  • check markAll contributions are in one place (no sorting receipts)
  • check markConfirmation for each Giving Fund contribution is provided for tax purposes

 

Grow Tax Free

While you’re deciding which charities you want to support, use your Giving Fund to potentially grow your contributions into a more substantial gift at a later date. Your Giving Fund can last for multiple years or even decades. All growth is tax-free.

  • check markUse our tools to make a giving plan
  • check markSet a target giving goal
  • check markRecommend an investment approach to potentially grow your contributions
  • check markTrack your Giving Fund online

Give to Charities

You can use your Giving Fund to support charities anytime you want — recommend grants (that's how you advise us what charities you'd like to support) of $50 and up. Choose your favorite charity or look for a new cause. We send out the checks and take care of all the paperwork.

  • check markRecommend grants to IRS-eligible charities in amounts of $50 or more
  • check markNo paperwork — we keep track of everything
  • check markTrack your Giving Fund's grant history online at any time

Getting Started is Simple

For as little as $5,000 you can start making a bigger difference.

Or, call us and talk to one of our specialists.

1 800 392 4420 Call us at 1 8 0 0 3 9 2 4 4 2 0

*TIAA Charitable accepts certain complex assets, which may include real estate, artwork, C- and S-corp stock, LLC and limited partnership interests, life insurance policies, patents, royalties and copyrights. Contributions are subject to review by TIAA Charitable. Please contact us to discuss your specific situation.

Contributions to the Giving Fund are irrevocable. All recommendations from donors are subject to review and approval by TIAA Charitable.

TIAA Charitable does not provide legal or tax advice. Before establishing a Giving Fund, taxpayers should seek advice based on their own particular circumstances from an independent legal or tax advisor.

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