Donor-Advised Funds
Donor-advised funds are the fastest-growing method of charitable giving because they're easy to use and provide immediate tax benefits.
How it Works
You establish and name your fund at TMF and make an initial contribution valued at $10,000 or more and receive an immediate income tax deduction. These funds are either cash or appreciated assets such as stocks or mutual funds.
Once established, you can suggest that your favorite charities, such as your church, receive grants from your fund. Grant amounts can be relatively modest or more significant for projects such as contributing to a capital campaign or new building.
You can also suggest which charities you’d want to have any remaining assets upon your passing.
If you are considering establishing a donor-advised fund, please contact Justin Gould at email hidden; JavaScript is required.
Make a Gift with a Donor-Advised Fund
The donor-advised fund (DAF) is becoming an increasingly popular way to make a charitable gift. A DAF can provide immediate tax benefits while making charitable giving more accessible. Here are two simple ways you can make a gift through your DAF:
- Make an outright gift by suggesting a grant to the charity or charities of your choice
- Designate all or a portion of the fund upon your death or the closing of your fund to the charity or charities of your choice
You can select the option that best suits your philanthropic and financial goals. Contact your fund administrator to request a distribution or beneficiary form or download the appropriate form(s) from your administrator's website.
If you include TMF in your plans, please let us know and use our legal name and federal tax ID.
Legal Name: Texas Methodist Foundation
Address: 11709 Boulder Lane, Suite 100, Austin, Texas 78726-1808
Federal Tax ID Number: 74-1363741
Learn more about some of our most popular giving options
DONOR-ADVISED FUND GIFTS BY WILL AND TRUST LIFE INCOME GIFTS GIFT OF STOCK