Donor Advised Funds
A donor advised fund is like a charitable savings account. It gives you the flexibility to determine how much and how often a gift is made to Berea College with a tax advantage. It is an excellent way to amplify your charitable giving and achieve your philanthropic goals.
How it Works
Andre and Sophia established a donor advised fund with a community foundation and received a federal income tax charitable deduction for the amount of their gift. They now have the flexibility to determine how much of their gift a charity will receive and when. After learning about Berea College, they value the importance of affordable education and recommend a grant to be distributed to the College and they begin their journey of philanthropy.
- Seek the advice of your financial advisor
- If you choose to recommend a grant for Berea College, please use the information below or the widget.