The Catholic University of America Donor-Advised Fund (Catholic University DAF) is your “yes, and” approach to charitable giving. Yes, you can give now, and recommend charities later. Yes, you can gain the tax benefits now, and allow your gifts to grow. Yes, you can centralize your giving portfolio, and easily grant funds to your favorite charities. Yes, you can support Catholic University, and give to other charitable organizations.
A Catholic University DAF may be right for you if…
- you wish to support Catholic University and other charities (minimum initial contribution of $10,000),
- you want to streamline tax time with a single annual charitable giving summary,
- you are looking for an efficient and convenient way to offset a "tax event" (e.g., sale of a business or property), and
- you wish to establish a philanthropic plan for future generations.
How the Catholic University DAF works
The Catholic University of America, in partnership with the Knights of Columbus Charitable Fund, offers the Catholic University DAF, providing you and your loved ones the opportunity to maximize your philanthropic impact while being part of the Catholic University family of donors.
After you open an account, your contributions of cash, stock, or other assets to your Catholic University DAF are considered charitable gifts, offering you an immediate potential tax deduction. Those assets grow tax-free in your Catholic University DAF and, at any time, you may recommend distributions to Catholic University or other 501(c)(3) organizations. Also, you may name Catholic University as the ultimate beneficiary of your Catholic University DAF.
You can transfer funds from another DAF
If you have set up a donor-advised fund with another institution, you may transfer those funds to your Catholic University DAF. First, open an account with us. Then, recommend a grant from your existing DAF to your new Catholic University DAF.
The Catholic University of America and its affiliates do not provide financial, tax, legal, or accounting advice. This site is for informational purposes only and is not intended to provide, and should not be relied on for, financial, tax, legal, or accounting advice. You should consult your own financial, tax, legal, and accounting advisors before engaging in any transaction.