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© The Stelter Company The information in this publication is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Michael J. Degenhart Assistant Vice President Office of Gift Planning The Pennsylvania State University 212 103 Building University Park, PA 16802 888-800-9170 giftplanning@psu.edu If you would like more information on setting up a donor-advised fund to support organizations important to you, such as Penn State, please contact us today. 1] Evaluate the sponsoring organization carefully—When you make a gift to a donor-advised fund you irrevocably give away your money or property. Make sure the organization you select is one that supports your values. 2] Understand the fund's policies and procedures— Minimum contributions, as well as the amount and frequency of grant recommendations, all vary depending upon the sponsoring organization. 3] Consider costs and investment—All donor-advised funds charge administrative fees that can vary considerably. In addition, investment performance will vary from one donor-advised fund to the next, affecting the amount that will actually be distributable to a charitable organization. 3 Tips for Choosing Where to Set Up Your Fund

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