Creating a donor-advised fund (DAF) can provide you with immediate tax benefits while making your charitable giving easier for years to come.
How It Works
You establish a fund at Texas Methodist Foundation. The minimum contribution to start a fund is $10,000, which can be made with cash, appreciated securities, or other assets. You’ll receive an immediate income tax deduction and you can name your fund.
Once established, DAFs are simple to use and an effective way to broaden the philanthropic conversation with your family.
Make an outright gift by recommending a grant from your DAF to your favorite nonprofits or church. The grants can be used to make annual gifts to charity and can also be used for more significant gifts to fund campaigns or capital projects.
Grants from your DAF can be made in your name or anonymously. You can designate which charities will receive all or a portion of the fund value at your death or the termination of the fund.
Depending on your time horizon and charitable goals, TMF offers a menu of competitive investment options to invest your DAF and amplify your giving.
We’d be happy to offer you a free donor-advised fund brochure to assist you in your planning.
Please contact Justin Gould at 512-583-1944 or JGould@tmf-fdn.org.
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