Gift Planning at The University of Texas at Austin
A donor-advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to The University of Texas at Austin and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Take Action! Visit Your Fund
1. Recommend a grant
2. Impact the University
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You can also create a lasting legacy by naming The University of Texas at Austin the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
An Example of How It Works
Joe and Laura want to give back to the city of Austin by putting their money where it will do the most good. They establish a $25,000 donor-advised fund with a community foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants for the University (their alma mater) and the Animal Rescue League. The foundation presents the charities with checks from the Megan Fund, which Joe and Laura named in honor of their daughter. Joe and Laura are delighted to start this personal legacy of giving.
Calculate Your Benefits
- If you already have a fund, use our tool Take Action! Visit Your Fund to connect. No fund yet? Get our free guide.
- Contact the Gift and Estate Planning Team at 512-475-9632 or firstname.lastname@example.org to discuss using your donor advised funds to support the University and our mission.
- Seek the advice of your financial or legal advisor.
- If you include the University in your plans, or are recommending a grant to us from your donor advised fund, please use our legal name and federal tax ID number.
Legal name: The University of Texas at Austin
Address: P.O. Box 7458
Austin, TX 78713
Federal tax ID number: 74-6000203