Johns Hopkins Donor Advised Fund

Gift of Life Insurance Diagram

How It Works

  • You make an irrevocable gift to Johns Hopkins of cash, securities or other property to create an account within the Johns Hopkins Donor Advised Fund. The minimum initial gift is $250,000.
  • Johns Hopkins will provide expert investment and administrative services for your donor advised fund account.
  • You may propose that distributions from the fund be made on your own giving timetable, to areas of Johns Hopkins or other charitable organizations.
  • At least 60 percent of the gifts donated to the fund and any appreciation or income attributed to those amounts must be designated for purposes at Johns Hopkins.
  • You can make additions to your donor advised fund account at any time.
  • The account will terminate upon the earlier of the balance reaching $100,000 for two consecutive quarters or the death of you and your spouse.
  • You can choose to have the donor advised fund account continue 10 years after your death (subject to the minimum balance requirement) and select family members or others to make grant requests.

Benefits

  • You or an individual(s) you designate have advisory privileges over the fund and may recommend distributions to support specific areas of Johns Hopkins and other qualified charitable organizations.
  • You may claim a federal charitable income tax deduction in each year you contribute to your donor advised fund account. There is no capital gains tax due on appreciated assets, and the gifts may reduce your gross taxable estate.
  • Gifts to the Johns Hopkins Donor Advised Fund receive more favorable tax treatment than gifts to a private foundation.
  • Unlike gifts made through private foundations, charitable distributions from a donor advised fund can be made anonymously.
  • There are no administrative expenses associated with a Johns Hopkins donor advised fund account.
  • We manage all record keeping, consider and approve distributions to other qualified charities and provide you with detailed annual statements.

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