Donor Advised Funds
A donor advised fund is like a charitable savings account. It gives you the flexibility to determine how much and how often a gift is made to Berea College with a tax advantage. It is an excellent way to amplify your charitable giving and achieve your philanthropic goals.
How it Works
Andre and Sophia established a donor advised fund with a community foundation and received a federal income tax charitable deduction for the amount of their gift. They now have the flexibility to determine how much of their gift a charity will receive and when. After learning about Berea College, they value the importance of affordable education and recommend a grant to be distributed to the College and they begin their journey of philanthropy.
What Next?
Contact Us
Candis Arthur, Associate Vice President for Philanthropic Operations, can help.
Call her at 859-985-3192 or email her at arthurc@berea.edu