The CSU Foundation is proud to serve our students and University, helping to ensure that the promise of success and accomplishment becomes reality.
Today’s students will one day join a talent pool and workforce that includes thousands of CSU graduates who have been influencing and advancing society’s collective good for the better part of 50 years.
A second chance
Alan Nevel didn’t arrive at Cleveland State University on a straight path. In fact, by the time CSU entered...
Your support helps alleviate the pressures that can cause some of our students to simply give up, only a few short steps away from obtaining a college degree.
Carter's second chance
Carter lives on his own and supports himself financially. It hasn’t always been easy. While attending Ohio State, he faced...
Thank you for investing in our students. Your support is transforming lives, igniting hope and pulling dreams within reach.
Donor Advised Funds
A Flexible Giving Tool for You and Your Family
A donor advised fund (DAF) allows you to benefit CSU both now and in the future. You can make gifts during your lifetime to CSU and, when you pass away, your children can carry on your legacy of giving.
A DAF has several advantages compared to a private foundation:
- Minimal start-up time and cost.
- Gifts are generally deductible at fair market value.
- No distribution requirements or excise taxes.
You make an initial, irrevocable gift of cash or stock to fund the DAF. The assets grow tax-free, and you recommend grants from the fund each year. After your lifetime, your children may continue to recommend charitable gifts.
Benefits of a Donor Advised Fund
- Establish a flexible and centralized vehicle for annual giving.
- Benefit from a more tax-efficient alternative to a private foundation.
- Receive an estate tax deduction and potential savings.
- Obtain an income tax deduction in the year of your gift.
- Make gifts anonymously, if desired.
- Maintain easy recordkeeping for donations.
- Name children or grandchildren as co-advisors to instill family philanthropy.
- Name CSU as a beneficiary of your DAF.
If you have any questions about donor advised funds, please contact us. We would be happy to assist you.
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