Planned Giving

Giving From Your Donor-Advised Fund: FAQs

How do I request a gift from my donor-advised fund during my lifetime?Layer Closed

You can request a gift at any time through your donor-advised fund (DAF) sponsor. Simply complete your sponsor's standard Grant Recommendation Form and indicate you wish to support Indian River State College Foundation. Include our legal name and tax identification number for accuracy: .

How do I create a lasting legacy through my donor-advised fund?Layer Closed

You can name one or more charitable organizations to receive the remaining assets in your donor-advised fund after your lifetime. Request a Change of Beneficiary Form from your fund administrator. This works well alongside bequests and other planned gifts. Consider using our free online will planner to explore your legacy giving options.

Can I make recurring gifts through my donor-advised fund?Layer Closed

Yes! Many DAF sponsors allow you to set up recurring grants—monthly, quarterly, or annually—to Indian River State College Foundation. This is a great way to provide consistent support.

Is there a minimum gift amount when giving from a donor-advised fund?Layer Closed

Most sponsors have minimum grant amounts, typically between $50 and $250. We welcome gifts of all sizes—check with your DAF provider for their specific requirements.

Can I support multiple charities with my donor-advised fund?Layer Closed

Absolutely! You can recommend grants to multiple qualified charities from your DAF. Many donors use their DAF to support a variety of causes.

What are the tax implications of a gift from my donor-advised fund?Layer Closed

You already received your deduction when you contributed to your DAF, so there are no additional tax benefits when making grants. If you're interested in tax-efficient giving strategies, check out our page on gifts of appreciated assets.

Can I use my donor-advised fund to fulfill a personal pledge?Layer Closed

Some DAF sponsors allow pledge fulfillment as long as the grant letter doesn’t mention the pledge and you receive no goods or services. Check with your sponsor and tax advisor for specifics.

Can my gift qualify for recognition or naming opportunities?Layer Closed

Yes, your gift can be acknowledged or recognized as long as you don’t receive more than an incidental benefit. We’ll work with you to honor your wishes and stay compliant with IRS rules.

Are there any grants a donor-advised fund cannot make?Layer Closed

DAF grants cannot support political campaigns, lobbying, or private foundations. They also can’t pay for event tickets, auction items, or anything with more than an incidental benefit.

Can I designate how my donor-advised fund gift should be used?Layer Closed

Yes, you can request your grant support a specific program or project. Include instructions with your recommendation, and contact us to confirm we can honor your intent.

How do I notify Indian River State College Foundation about my grant recommendation?Layer Closed

Letting us know about your grant helps us thank you and track the impact of your generosity. After you recommend a grant, please contact us with the details.

Can I remain anonymous when giving through my donor-advised fund?Layer Closed

Yes, most sponsors support anonymous giving. We respect your privacy, but sharing your contact info allows us to show appreciation and provide updates.

Can I name Indian River State College Foundation as a beneficiary of my donor-advised fund?Layer Closed

Yes! Simply request a Change of Beneficiary Form from your fund administrator to name Indian River State College Foundation as a beneficiary of your DAF.

Can my family members make recommendations from my donor-advised fund after I'm gone?Layer Closed

Many DAFs allow you to name successor advisors such as children or grandchildren. This is a great way to pass along your philanthropic legacy.

What types of assets can I contribute to a donor-advised fund?Layer Closed

Most DAFs accept cash and marketable securities. Many also accept complex assets such as real estate or business interests. Ask your sponsor for details.

Do all donor-advised funds offer the same giving options and forms?Layer Closed

No—policies and features vary. Check with your DAF sponsor for specifics. We're familiar with most and happy to assist.

How long does it take for my recommended grant to reach Indian River State College Foundation?Layer Closed

Most grants arrive in 7–14 business days. Electronic transfers may be faster. We'll acknowledge your gift promptly upon receipt.


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Create a Lasting Legacy

Philanthropic planning is a powerful mechanism for meeting personal estate planning objectives while making a meaningful impact on the College’s initiatives and mission. At Indian River State College, we welcome the opportunity to work with estate planners to ensure that your clients find the charitable arrangements that best meet their needs.

Estate-planning options can achieve significant tax benefits while furthering a client’s philanthropic goals:

  • Gifts through a will or trust
  • Charitable trusts and gift annuities
  • Donation of stocks and mutual funds

If your client has already included or intends to include Indian River State College in their will or estate plan, or if you would like someone from IRSC Institutional Advancement to contact you to discuss how to support IRSC as part of their estate planning strategy, please contact us.

Questions? Fill out the form below.