Donor Advised Fund
How it works
 You make a deductible gift of $25,000 or more in cash, securities or property to RIT, and we establish a donor advised fund in your name and under our management.
 You recommend distributions from your donor advised fund for RIT programs and also to support other charitable organizations. After our review and approval, we make the gifts in your name.
 At least 5% of the fund must be distributed annually, and at least 30% of the distributions must support RIT programs of your choice.
 RIT provides all ongoing record-keeping and tax preparation for your donor advised fund.
Benefits
- You get the flexibility of one source for your charitable giving, without the costs and administrative obligations of a private foundation.
- You enjoy more ongoing tax benefits with a donor advised fund than with a private foundation.
- You pay no start-up costs or administrative expenses.
- You receive verification for tax purposes of contributions you make to your donor advised fund, and regular summaries of the distributions your fund has made.
For more information
Email us,
complete the personal illustration form,
or call us at 1 (800) 477-0376 so that we can assist you
through every step of the process.
Rochester Institute of Technology
116 Lomb Memorial Drive
Rochester, NY 14623
1 (800) 477-0376
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