Donor Advised Fund
Harness the Giving Power of a Private Foundation
A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to University of Southern California and other charities.
You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.
In return, you qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.
You may also establish a Donor Advised Fund at USC. Because the university is a public charity, contributions to your Donor Advised Fund will qualify for the maximum available tax deduction, even if you have not yet decided how you wish your gift is to be distributed. For more information, please contact The Office of Gift Planning.
How It Works
Joe and Laura want to give back to their hometown of Los Angeles by putting their money where it will do the most good. They establish a $25,000 donor advised fund with the community foundation. Joe and Laura receive a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants for USC (which they've supported for years) and Children’s Hospital of Los Angeles. The foundation presents USC and Children’s Hospital Los Angeles with checks from the Megan Fund, which Joe and Laura named in honor of their granddaughter. Joe and Laura are delighted to start this personal legacy of giving.
Support What Matters
Learn more about donor advised funds. View and download the complimentary guide One-Stop Giving: The Convenience and Simplicity of Donor Advised Funds.View My Guide
Gifts That Pay
Your payments depend on your age at the time of your gift. If you are younger than 60, we recommend that you learn more about your options and download this complimentary guide Plan for Retirement With a Deferred Gift Annuity.
- Evaluate a sponsoring organization to make sure it supports your interests, values and the type of asset you are considering as a funding source.
- Get to know the organization's policies and procedures-from minimum contributions to administrative fees. Each organization handles these details differently.
- Contact The Office of Gift Planning at (213) 740-2682 or email@example.com to discuss using donor advised funds to support USC and our mission.
- Seek the advice of your financial or legal advisor.
- If you include USC in your plans, please use our legal name and federal tax ID.
Legal Name: University of Southern California, a California not-for-profit corporation, with its principal place of business at Los Angeles, California.
Address: 3551 Trousdale Parkway, Suite 160, Los Angeles, CA 90089
Federal Tax ID Number: 95-1642394
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.