Smithsonian Institution

Donor Advised Funds

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HOW IT WORKS • You open a donor advised fund by a written agreement. Most donor advised funds require a minimum gift to open the fund, although additional contributions may be less. • You can make contributions to the fund at any time. Your contributions are invested, and you receive a regular accounting. • You make the recommendations that various amounts be granted to charitable organizations of your choice, such as the Smithsonian Institution. • You may qualify for a federal income tax charitable deduction for gifts to your donor advised fund. YOUR BENEFITS • Convenience and timing: Setting up a donor advised fund qualifies you for a federal income tax charitable deduction when you make a gift to the fund—without immediately having to choose the charities you want to support. • Simplicity: You can support a number of charitable organizations without having to retain records for a number of separate contributions. • Family philanthropy: Families can build a tradition of giving and teach their children the values of philanthropy by involving them in the decisions about which grants to recommend. Y our financial and charitable goals are a reflection of your commitment to support the future of your loved ones, and charitable organizations you value, such as the Smithsonian Institution. But sometimes it can be difficult to keep track of the organizations you wish to support and the documents related to your benefits from charitable gifts. A convenient and easy way to organize your charitable intentions is to create a donor advised fund. Consider it one-stop giving. Support the Smithsonian You Love With One Fund

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