The Donor Advised Fund
Receiving an immediate tax deduction
Your contributions to a Donor Advised Fund are tax deductible in the year they are made, subject to certain limitations. Since the Donor Advised Fund at The University of Alabama is a public charity, these gifts receive the most favorable tax treatment available.
| Type of Contribution | Tax Deductibility |
|---|---|
| Cash | Up to 50% of adjusted gross income |
| Long-term appreciated property | Up to 30% of adjusted gross income |
(Please consult with your professional tax advisor to determine the exact benefits to you, which may be affected by certain limitations in the tax code.)
The minimum initial contribution to The University of Alabama Donor Advised Fund is $25,000 - and you can make additional gifts of any size at any time. And, just as with your initial contribution, additional contributions are deductible in the year they are made. See page 6 in the "Handbook for Donor Advisors" for more specific information about tax treatment of your gifts.