ways to give

DONOR ADVISED FUND

 

Make a Greater Impact While Simplifying Your Giving

A Donor Advised Fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support Saint Ignatius. DAFs are an excellent way to both simplify your giving and facilitate your strategic philanthropic goals. 

BENEFITS 

  • Enjoy an immediate income tax deduction based on the fair market value of your gift.
  • Centralize the investment and administration of your gift assets.
  • Select one or more successor advisors and they can recommend investments and grants after you are unable to do so. This allows your successors to carry on your legacy.
  • Become a Partner in Mission by making an important impact on Saint Ignatius, and advise the school on distributions to other qualified charities. 

HOW TO OPEN A SAINT IGNATIUS DAF 

 1) Donate: A Saint Ignatius DAF account is established when you make a gift of cash or other assets. You receive a charitable income tax deduction. Saint Ignatius sells the assets it receives and adds the net proceeds to your donor advised account. 

2) Manage: You may choose to invest your account assets in one of six separate investment pools and a money market. Your money will be actively invested with the chance of growing over time. 

3) Grant: Grants are distributions that can be made from your donor advised fund to Saint Ignatius or any other qualified and eligible charity. 

SUMMARY OF TERMS 

  • Account Opening Minimum: $5,000
  • Additional Contribution Minimum: $250
  • Minimum Grant Amount: $250 • Fund Structure: At least 50% of grants from a Saint Ignatius DAF
  • will directly benefit Saint Ignatius College Prep.
  • Eligible Charities: Distributions may be made to charities that align with Saint Ignatius College Prep’s values as a Catholic school. 


BENEFACTOR PROFILE

Eileen and Steve Dollear ′92 opened a Saint Ignatius Donor Advised Fund in 2017. According to Steve, “It allowed us to make a long-term commitment to the school and offered us the opportunity to honor the sacrifices of our parents. Ultimately, it was an opportune way for us to hopefully help others and mirror the assistance and kindness that was provided to us.” 

Access Your Saint Ignatius Donor Advised Fund

CLICK HERE to see our DAF brochure. 

To open a Saint Ignatius DAF, request the Donor Circular, or learn more about the program, please contact Planned Giving Officer Geoff Hammond ’90 at (312) 432-8406 or geoffrey.hammond@ignatius.org.

Copyright 2018 Saint Ignatius College Prep