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.
And we have lift off
Oliva was self-admittedly the “average” high schooler in Avon, OH. She wasn’t remarkable, she thought, even though she’d long...
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.
Where belonging becomes purpose
When Graceyn arrived at Cleveland State University, she felt the same quiet uncertainty many first-year students do: new place,...
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.
Leave Your Legacy. Transform Lives.
Together, we can create lasting opportunities for our students and strengthen our community.
Constance M. Karapelou
Senior Director, Gift and Estate Planning
216.875.9838
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