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Alpha Sigma Nu, the honor society of Jesuit institutions of higher education, recognizes those students who distinguish themselves in scholarship, loyalty and service. The only honor society permitted to bear the name Jesuit, ΑΣΝ encourages its members to a lifetime pursuit of intellectual development, deepening Ignatian spirituality, service to others, and a commitment to the core principles of Jesuit education.

Giving Home > How to Give > Donor Advised Fund (DAF)

Donor Advised Fund (DAF)

A donor advised fund is a way to simplify your giving by making a gift to a fund with Alpha Sigma Nu that can distribute gifts to the charities of your choice during your lifetime and help your children carry on your legacy of giving after you are gone.

Are you looking for a way to benefit Alpha Sigma Nu both now and in the future? Would you like to simplify your annual and lifetime charitable giving? A donor advised fund (or DAF) might be a great solution for you.

Benefits of a donor advised fund

  • Establish a flexible vehicle for annual charitable giving
  • Benefit from a more tax and cost efficient alternative to a private foundation
  • Receive an estate tax deduction and savings from your gift
  • Obtain a charitable income tax deduction in the year of your gift

What is a donor advised fund (DAF)?

A donor advised fund is a way to simplify your giving by making a gift to a fund with Alpha Sigma Nu that can distribute gifts to the charities of your choice during your lifetime and help your children carry on your legacy of giving after you are gone.

Donor advised fund video

How a donor advised fund works

  1. You make an initial, irrevocable gift of cash or stock to fund a DAF at Alpha Sigma Nu.
  2. The assets in your DAF grow tax-free.
  3. You make annual recommendations on gifts to be made from your DAF.
  4. When you pass away, your children may recommend charitable gifts from your DAF.

More on donor advised funds

A donor advised fund has several advantages when compared to a private foundation. The start-up time and cost are minimal for DAFs, and gifts to DAFs are generally deductible at fair market value. A DAF is also not subject to the distribution requirements and certain excise taxes faced by private foundations.

Contact us

If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.