Make a Gift with a Donor-Advised Fund
The donor-advised fund (DAF) is an increasingly popular way to make a charitable gift. DAFs can provide you with immediate tax benefits while making your charitable giving easier.
Already Have a DAF?
Here are two simple ways you can make a gift through your DAF:
1) Make an outright gift by suggesting a grant to Connecticut College. You can select the option that best suits your philanthropic and financial goals to support Connecticut College. Just contact your fund administrator to request a beneficiary or distribution form or download the appropriate form(s) from your administrator’s website.
2) Designate Connecticut College to receive all or a portion of the fund value upon the termination of the fund. If you include Connecticut College in your plans, please let us know.
Our legal name and federal tax ID:
Legal Name: Connecticut College
Connecticut College Federal Tax ID: 06-0646587
Mailing Address:
Becker House
270 Mohegan Ave. New London, CT 06320-4196
Don’t Have a DAF Yet?
You establish a donor-advised fund at an outside organization. Check with the administrator about the minimum contribution required to start a donor-advised fund. Then, make an initial contribution to start your fund. You can contribute cash or appreciated assets such as stocks or mutual funds. You’ll get an immediate income tax charitable deduction for your donation that could reduce your taxes.
Once established and funded, you and/or a representative retains advisory privileges with respect to investment allocations and distributions to charities, such as Connecticut College. Most donor-advised funds have a minimum grant recommendation, or you can recommend distributing the entire balance of your donor-advised fund for a cause important to you. In addition to offering ease of administration, a donor-advised fund offers the opportunity to create a low-cost, flexible way to diversify your philanthropy without the expense of creating a private foundation.
If you have questions about the information you need to provide to suggest a gift to Connecticut College, please call us at 800-888-7549.