For Financial Advisors

Donor-Advised Funds (DAFs)

Financial advisors facilitate establishing Donor-Advised Funds for their clients. DAFs provide individuals or organizations with a flexible and tax-efficient method of charitable giving. With UI DAFs, advisors can offer their clients valuable tools for strategic philanthropy.

Benefits of DAFs:

Tax advantages: Contributions made to a DAF are eligible for an immediate tax deduction, allowing donors to maximize their charitable impact while minimizing taxable income.
Investment growth potential: Once funds are contributed to a DAF account, they can be invested over time, potentially increasing in value through investment returns.
Grantmaking flexibility: Donors have the ability to recommend grants from a DAF account to qualified charities, retaining control of their philanthropic dollars.

Fiscal Sponsorships

A Fiscal Sponsorship arrangement enables organizations without 501(c)(3) status to receive funding for charitable projects under the umbrella of an established nonprofit organization such as University Impact.

Advantages of Fiscal Sponsorships

Increased credibility: By partnering with University Impact as a Fiscal Sponsor, programs gain credibility and legitimacy in pursuing charitable initiatives.
Compliance support: UI Charitable provides compliance oversight for sponsored projects.
Accessible donations: Through a Fiscal Sponsorship, donors can make tax-deductible contributions directly toward sponsored projects..

By leveraging UI Chartiable’s expertise, advisors can confidently offer the right financial vehicles and resources to empower their clients in achieving their philanthropic goals.