Harness the Giving Power of a Private Foundation
A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to NJCU and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Take Action! Visit Your Fund
1. Recommend a grant
2. Impact NJCU
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You can also create a lasting legacy by naming NJCU the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
Still learning about DAFs? Discover the ease of opening a donor advised fund—plus the advantages you’ll enjoy—with your FREE guide Centralize Your Giving With Donor Advised Funds.
Get More From Your DAF
Ensure you’ve made the most of your donor advised fund—for your family and for NJCU. Download the FREE guide Maximize the Impact of Donor Advised Funds.Get My FREE Guide
An Example of How It Works
Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They establish a $25,000 donor advised fund with a community foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants for NJCU (which they’ve supported for years) and a local animal shelter. The foundation presents the charities with checks from the Patricia Fund, which Joe and Laura named in honor of Laura's mother. They name NJCU as the beneficiary to receive the account balance after their lifetimes. Joe and Laura are delighted to start this personal legacy of giving.
- If you already have a fund, use our tool Take Action! Visit Your Fund to connect. No fund yet? Get our free guide.
- Contact Kwi Brennan at 201-200-3489 or firstname.lastname@example.org to discuss using your donor advised funds to support NJCU and our mission.
- Seek the advice of your financial or legal advisor.
- If you include NJCU in your plans, please use our legal name and federal tax ID.
Legal name: New Jersey City University Foundation
Address: 2039 John F. Kennedy Boulevard,
Hepburn Hall, 321,
Jersey City, NJ 07305-1597
Federal tax ID number: 23-7261698