University of Rochester donor-advised funds

A donor-advised fund is a personal charitable gift account that provides an immediate income-tax charitable deduction and the opportunity to make grants at a later time. It is an alternative to the complexities and expense of establishing a private foundation. Donor-advised funds managed by the University of Rochester are typically invested in the University endowment where they are well managed and have opportunity for growth. Unlike a commercial donor-advised fund, the University does not charge management or administrative fees. You may also involve family members or others as advisors. Grants may be directed within the University or to other qualified nonprofit organizations.

Minimum gift contribution
The minimum contribution is $100,000 in cash and/or publicly traded securities. Additional amounts can be added at any time.

Minimum grants vested for the University
The University manages its donor-advised funds and in exchange a certain percentage of a donor-advised fund must be vested (allocated or reserved) for charitable purposes within the University of Rochester.