Designate us to receive all or a portion of the balance of your fund through your fund administrator (you can also make a grant to us at any time from your donor-advised fund). The balance in your fund passes to Carleton College when the fund terminates.
Tax-efficiency: You are eligible to receive a charitable income tax deduction when you contribute to your DAF, and investment growth in the DAF is usually tax-free.
Simplicity: Record keeping, grants, and tax receipts are all handled by your DAF sponsor.
Strategic: DAFs allow you to separate your tax planning from your philanthropic planning.
Family legacy: Since family members can be named as successor advisers, DAFs function as a simpler version of a family foundation.
When you recommend a grant to Carleton from your DAF, you can support the Annual Fund, an endowed fund, or other special gift purpose.
When you name Carleton as a successor beneficiary of your DAF, you help future students and faculty. The benefits of your gift are maximized when you leave a lump sum to Carleton, instead of a stream of gifts over time.
Different DAF sponsors provide different services and have different policies and procedures, including minimums and fees. Be sure to learn the details before choosing a sponsor.
You can use a DAF grant to make gifts in honor or memory of significant people in your life.
Contact us if you’d like to use your DAF to establish a new endowed fund or to support a particular project. We welcome the opportunity to discuss your giving plans and questions.
If you’d like to use your DAF to make a multi-year pledge, please let us know! We understand plans like these are flexible and are not legally binding pledges.
If you’re already using a DAF to make current gifts to Carleton, thank you! Please also consider adding Carleton as a successor beneficiary. This type of gift also qualifies you for membership in the Joseph Lee Heywood Society.
You may need to provide the following information:
Legal name: Carleton College
Address: One North College Street, Northfield, MN 55057
