Donor Advised Fund

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The UT Foundation’s Donor Advised Fund provides a flexible option for those who want to support the continuing tradition of excellence in the UT System, as well as other philanthropic interests. In many ways, the Donor Advised Fund operates much like a small private foundation on whose governing board the donor sits. This arrangement allows the donors to express ideas on how Fund distributions will be used (at least 50 percent must be invested in the UT System). Individuals who want to create an endowment that will benefit any part of the UT System, as well as non-UT charities, may use this option.

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You may take a full income tax deduction on the initial gift amount, as well as any additional gifts, to the extent allowed by law.  Once the funds are invested you can recommend grants to any of the 14 UT Institutions.  Up to 50% of the grant may be designated to other charities.

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 Minimum Contribution: $25,000

 Minimum Annual Distribution: 5% of assets

 

Fees:

The minimum annual fee is $250.

 

Tiered Fees:

Below $250,000        .75% assets

$250,000+                  .50% assets

 

Gifts made by credit card will be reduced for processing fees.

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