Penn Donor Advised Fund

The Penn Donor Advised Fund is a way to support Penn Medicine and other charities in an efficient and satisfying way. The Penn Donor Advised Fund provides a convenient way to make a gift now, and “lock-in” a charitable tax deduction the year the gift is made, while delaying the decision of where to designate support until a later date.  

A Penn DAF can be established with a gift of $50,000 or more. At least 50% of the gift must be designated over time to University programs, with the remaining balance available to other charitable organizations.  Additional contributions of $10,000 or more can be made at any time. In return a donor is eligible for a tax deduction for the full value in the year the gift is made, subject to IRS guidelines. At least 5% of the DAF must be distributed annually. Unlimited grant recommendations can be made each quarter with a minimum distribution amount of $500 per grant. Upon termination of the Donor Advised Fund, the donor has the option to appoint family members to continue the fund for one additional generation.

Access the Donor Advised Fund Grant Distribution Form (A PennKey is required for access – if you need help setting one up, please click here)