Donor Advised Fund
Harness the Giving Power of a Private Foundation
A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to United Way of the Columbia-Willamette and other charities.
You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.
In return, you qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.
Support What Matters
Learn more about donor advised funds. View and download the FREE guide One-Stop Giving: The Convenience and Simplicity of Donor Advised Funds.View My Guide
We can do more together than on our own. These next steps show you how you can help.See My Next Steps
- Evaluate a sponsoring organization to make sure it supports your interests, values and the type of asset you are considering as a funding source.
- Get to know the organization's policies and procedures-from minimum contributions to administrative fees. Each organization handles these details differently.
- Contact Teke Dillender at 503.226.9338 or TekeD@unitedway-pdx.org to discuss using donor advised funds to support United Way and our mission.
- Seek the advice of your financial or legal advisor.
- If you include United Way in your plans, please use our legal name and federal tax ID.
Legal Name: United Way of the Columbia-Willamette
Address: 619 SW 11th Ave., Portland, OR 97205
Federal Tax ID Number: 93-0582124
See How This Gift WorksWatch the Video
An Example of How It Works
Joe and Danielle want to give back to their hometown 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 Danielle recommend grants for United Way (which they've supported for years) and the Animal Rescue League. The foundation presents the charities with checks from the Maya Fund, which Joe and Danielle named in honor of their daughter. Joe and Danielle are delighted to start this personal legacy of giving.