Helping OLLI Achieve Sustainability: Donor-Advised Funds

What is a donor-advised fund? 

During a recent conversation with a few OLLI members, it was suggested that I provide information about this giving option to the membership. Since these members were not familiar with donor-advised funds, they thought others would be interested in learning more also.

Think of a donor-advised-fund like a personal foundation. You put money into in, receive a charitable income tax deduction, and make recommendations on who should receive a charitable gift from it, how much and when.

Naturally, it’s a little more involved, and this article provides an overview and frequently asked questions.  Working-With-Donor-Advised Funds  

For further information, please contact me at 304-293-1828 or kegalentine@hsc.wvu.edu .

Karen E. Galentine
Director of Development
WVU School of Public Health