Donor-Advised Funds (DAFs)

Invest in SLCC through a Donor-Advised Fund

Donor-Advised Funds (DAFs) are charitable investment accounts that help you manage donations to the organizations that matter the most to you – like Salt Lake Community College (SLCC).

DAFs offer you the opportunity to create an easy-to-establish, flexible vehicle for charitable giving as an alternative to direct giving or setting up a private foundation. You may qualify for a federal income tax deduction when you contribute cash, securities or other assets to DAFs (consult with your tax professional). The money may grow tax-free and allow you to increase the long-term impact of giving to a charitable organization(s) of your choice.

The SLCC Foundation is an IRS-qualified public charity and, therefore, eligible to receive contributions from your DAF.

How Does It Work?

1. Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program.
2. May receive the maximum tax deduction allowed by the IRS.
3. Advise the investment allocation of the donated assets (investment growth may be tax-free).
4. Recommend the distribution of grants to qualified public charities of your choice. The SLCC Foundation is experienced in working with DAFs and available to support your recommendations.

Make a Grant to SLCC

As a qualified charity, the SLCC Foundation welcomes grants made through DAFs to support everything from college programs to named scholarships to endowment giving.

For questions about making a DAF grant to SLCC, please contact Amila Kovacic at amila.kovacic@slcc.edu or 801-957-4021.