Donor Advised Funds (DAFs)

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.

Download more information on donor advised funds.