How It Works
- Establish an HDAF with a gift of $1 million or more.
- Your gift is invested for growth in the Harvard endowment, with no fees.
- Make distributions from your HDAF to the Harvard Schools or initiatives of your choice, as well as to other charitable organizations (at least half of your distributions must be designated for Harvard).
- Your spouse or children may serve as additional advisors on your HDAF.
Benefits
- Receive an immediate income tax deduction and reduce capital gains taxes by funding your HDAF with appreciated assets, such as securities.
- Streamline your long-term giving and support causes you care about throughout your lifetime.
- Make an impact in the lives of Harvard students, faculty, and researchers—now and in the future.
- Enjoy the investment performance of the Harvard endowment, with no fees.
- Depending on where you direct your giving, you may be eligible for membership in one of Harvard’s giving societies.
If you have an existing donor advised fund through another provider, DAF Direct enables you to recommend grants to Harvard directly from your DAF. If you have an account with Fidelity Charitable, Schwab Charitable, or BNY Mellon, select your fund provider’s name and you will be taken to their website to complete your gift.
You can also designate Harvard as the beneficiary of your DAF. Contact us below for more information.