Donor Advised Funds

A Giving Opportunity for Starr King Supporters

A Donor Advised Fund (DAF) is a flexible and cost-effective way for individuals who are passionate about progressive religious education and social justice to make a lasting impact. A DAF is a giving vehicle that allows individuals, families, or businesses to make charitable contributions, receiving an immediate tax deduction. DAFs provide an alternative to the complexities of establishing and managing a private foundation.

Once you’ve established a DAF, you can direct gifts to the school and other eligible charitable organizations, while enjoying considerable tax benefits.

How It Works

• Starting your DAF: You can establish an account with an initial gift and have the flexibility to make additional contributions over time. Most DAFs are held with financial institutions or community foundations.
• Tax benefits: Donors who contribute to a donor advised fund (DAF) may be eligible for an immediate federal income tax deduction in the year the gift is made. The deduction is subject to IRS guidelines, including limits based on adjusted gross income (AGI).
• Cash contributions: Deductible up to 60% of AGI.
• Donations of appreciated assets (e.g., stock): Deductible up to 30% of AGI based on the asset’s fair market value.
• Maximize value: If the DAF is funded with long-term appreciated assets, such as stock, donors may avoid paying capital gains tax on the asset’s growth. This can maximize the value of the gift while reducing overall tax liability.

Benefits of a Donor Advised Fund

• Tax Efficiency: Maximize your tax benefits by funding your DAF with appreciated assets, such as securities, to reduce capital gains taxes.
• Streamlined Philanthropy: Simplify your charitable giving while supporting the causes closest to your heart.
• Impactful Giving: Your gifts support Starr King’s mission to educate transformative leaders for Unitarian Universalist ministry and other forms of progressive religious leadership.
• Family Involvement: Engage your family by allowing your spouse or children to serve as additional advisors on your DAF.

Already Have a DAF?

If you already have a donor advised fund through a financial institution or community foundation, you can easily recommend grants to Starr King School for the Ministry using your existing DAF. When initiating a grant from your DAF, your provider may request the following information:

• Legal Name: Starr King School for the Ministry
• Employer Identification Number (EIN): 94-1196217
• Mailing Address: 414 13th St, Suite 700, Oakland, CA 94612
• Contact Email (if needed): jcloud@sksm.edu

For more information about supporting our mission through your Donor Advised Fund or other giving options, please contact Jessica Cloud at jcloud@sksm.edu.