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LEAVE A LEGACY
of Generosity

You can support SMSU and help our students follow their dreams.
Take advantage of numerous tax and financial benefits.
Leave a Legacy to be remembered by future Mustangs.
Learn About Ways to Give

Giving Home > How to Give > Donor Advised Fund (DAF)

You enjoy several benefits with your donor advised fund

  • Establish a flexible vehicle for annual charitable giving
  • Benefit from a more tax and cost efficient alternative to a private foundation
  • Obtain a charitable income tax deduction in the year of your gift

How a donor advised fund works

  1. You make an initial, irrevocable gift of cash or stock to fund a DAF at a sponsoring organization
  2. The assets in your DAF grow tax-free
  3. You make annual recommendations on gifts to be made from your DAF
  4. Your DAF provider sends the grant to:
    Southwest Minnesota State University Foundation
    1501 State Street FH 221
    Marshall, MN 56258

Gifts from your donor advised fund

Your donor advised fund has several advantages. You can make one larger gift to a DAF and then recommend grants to the Southwest Minnesota State University Foundation. You can use the "Make a Gift From My DAF" tool to contact your DAF provider and make a grant. We will acknowledge your generous gift as a DAF distribution.

Most DAFs also allow donors to recommend charities that will receive any remaining fund assets after they have passed away. If you would like Southwest Minnesota State University Foundation to receive all or a portion of the remainder of your DAF, please contact your DAF administrator.

Contact us

If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.

Donor Advised Fund (DAF)

A donor advised fund (or DAF) might be a great solution for you. You can use a DAF to distribute gifts to numerous charities. With a DAF, you can make gifts to charity during your lifetime, and when you pass away, your children can carry on your legacy of giving.

Are you looking for a way to benefit Southwest Minnesota State University Foundation both now and in the future? Would you like to simplify your annual and lifetime charitable giving? A donor advised fund (or DAF) might be a great solution for you.

Benefits of a donor advised fund

  • Establish a flexible vehicle for annual charitable giving
  • Benefit from a more tax and cost efficient alternative to a private foundation
  • Receive an estate tax deduction and savings from your gift
  • Obtain a charitable income tax deduction in the year of your gift

Donor advised fund video

How a donor advised fund works

  1. You make an initial, irrevocable gift of cash or stock to fund a DAF at Southwest Minnesota State University Foundation.
  2. The assets in your DAF grow tax-free.
  3. You make annual recommendations on gifts to be made from your DAF.
  4. When you pass away, your children may recommend charitable gifts from your DAF.

Gifts from your donor advised fund

Your donor advised fund has several advantages. You can make one larger gift to a DAF and then recommend grants to us and other nonprofits. You can use the "Make a Gift From My DAF" tool to contact your DAF provider and make a grant. We will acknowledge your generous gift as a DAF distribution.

Contact us

If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.