About Donor-Advised Funds
A Donor-Advised Fund (DAF) allows individuals to make charitable contributions and receive an immediate tax deduction. The funds are managed by a DAF custodian, and the donor can recommend grants to their preferred nonprofit organizations.
Donors can contribute to the fund over time and recommend grants to charities at their discretion, providing flexibility in their giving strategy.
Benefits
- Retain the flexibility to make grant recommendations over time.
- Receive an immediate tax deduction when contributing to your fund.
- Make an immediate impact on your favorite ministry’s mission
How it works
- Prepare your grant request by providing the necessary information about an organization to your Donor-Advised Fund (DAF) provider.
- Submit the grant request, specifying the amount you wish to donate and any additional details.
- Once approved, your DAF provider distributes the funds to the organization on your behalf.
Simplify Your Giving with an ELCA Foundation Donor Advised Fund
Create a charitable account that is professionally managed and administered by the ELCA Foundation and is invested in the ELCA Ministry Growth Fund. These investments all follow the Corporate Social Responsibility guidelines of the ELCA, which ensure that your investments make a difference before they’re even distributed.
Here’s how it works:
You establish and name a donor advised fund (DAF) with the ELCA Foundation through Lutheran Giving. The fund will be established with named adviser(s) – typically you, the donor(s) – who will recommend grants from the fund. Lutheran Giving will assist you in deciding the future of the donor advised fund by establishing successor advisers, a future transition to a named endowment or final distribution of assets. The DAF can be funded through gifts of cash, stock, marketable commodities or other assets, including gifts of real estate, closely held stock, subchapter S corporate stock, LLC interests, and partnerships.
*You receive an immediate tax deduction when you contribute cash, securities or other assets to a DAF.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Sarah Callahan
Title :Executive Director
Phone: 402-342-5728
Email: info@lutherangiving.org
As Executive Director, Sarah provides charitable gift planning services to anyone wishing to support Nebraska Synod congregations and its agencies and institutions as well as any Synodical or Churchwide ministry. Sarah provides legacy presentations across Nebraska and consultation services to congregations wishing to form or build up an endowment fund. She also serves as the local representative of the ELCA Foundation’s Ministry Growth Fund.
Before joining Lutheran Giving in 2018, Sarah built a financial advising practice where she worked with families in Nebraska and Iowa with generational transition and estate planning. In her early career, she worked in fundraising and development. She holds a bachelor of arts in music and a master’s in business administration from Valparaiso University in Valparaiso, Indiana. Sarah earned the Accredited Estate Planner (AEP®) and Chartered Advisor in Philanthropy® (CAP®) professional designations from The American College of Financial Services.
Already included your favorite ministry in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Beneficiary designations
Gifting assets not covered by your will — like 401(k) or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.
Gifts that pay you back
Give assets while providing yourself or others with income for a period of time or distributions at a later date.