Donor-Advised Funds

Donor-advised funds are currently the most popular giving vehicle in the nation, and Villanova now offers a way to support the University through a donor-advised fund account.

Learn more about the benefits of this giving opportunity and how to get started below.

Villanova recommends that individuals considering a donor-advised fund should consult their own tax advisor or attorney before making a charitable contribution. The information is not intended as legal or tax advice.

Donor-Advised Fund Overview

A donor-advised fund (DAF) is a philanthropic vehicle established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. Put simply, the donor-advised fund is like a charitable savings account: a donor contributes to the fund as frequently as he/she prefers and then recommends grants to charities using the funds in that account.

There are many differences between a donor-advised fund and a private foundation—Two primary differences are control and complexity.

A private foundation is a freestanding legal entity over which you, the donor, retain complete control—and as such are responsible for all administrative requirements, including reporting, investment management, grant making and tax filing.

A donor-advised fund is a giving account within a sponsoring charitable organization, such as National Philanthropic Trust. You, the donor, make recommendation as to how those funds are invested and granted out, but the sponsoring organization must give its approval. The sponsoring organization is responsible for administering the account.

This Giving Vehicle Comparison Chart shows the key differences between a donor-advised fund and a private foundation.

Through the For the Greater Great: The Villanova Campaign to Ignite Change, more than 73,000 members of the Nova Nation have stepped forward and created true impact at our great University. Various charitable tools have made it possible for everyone to play a role in this campaign—from annual cash donations and the transfer of appreciated securities, to estate gift intentions, charitable gift annuities and more.

Donor-advised funds are currently the most popular philanthropic giving vehicle, and with increasing interest from donors, Villanova recognized the need to provide a donor-advised fund linked to the University—creating a new way for donors to join or increase their impact in this momentous campaign, and for generations to come. 

Through Villanova’s partnership with State Street Global Advisors (SSGA), donors are able to establish an SSGA Donor-Advised Fund with National Philanthropic Trust affiliated with Villanova University. Account holders will be supported by the best-in-class administrative resources and investment strategy of National Philanthropic Trust and SSGA, and the gift planning experts from Villanova’s Office of Gift and Estate Planning.

Donor-advised funds are the most popular giving vehicle, and National Philanthropic Trust (NPT) is the largest national independent provider. NPT 

  • accepts the widest range of assets of any charitable organization, 
  • can make international grants and other types of specialized grants, and 
  • offers six different investment options through State Street Global Advisors. 

State Street Global Advisors, a division of State Street Bank and Trust Company of Boston, through its Charitable Asset Management group manages the back office responsibilities of the University’s charitable gift annuity and charitable remainder trust program.

There are three essential documents for establishing a Villanova-affiliated SSGA Donor-Advised Fund with National Philanthropic Trust.

  1. Donor-Advised Fund Application
  2. Donor-Advised Fund Contribution Agreement
  3. Donor-Advised Fund Investment Allocation

For assistance, please contact Steve Grourke at or 484-343-8473. 

It takes less than a day. Once you submit a completed Donor-Advised Fund Application, your account is established and ready to receive contributions. Please allow extra time if you are considering a contribution of complex or illiquid assets.

Yes. You can choose any name for your donor-advised fund account. You can even call it a Foundation. Some donors select a name that helps them remain anonymous.

You can choose from six investment allocation options through State Street Global Advisors, including an a la carte personal strategy. Investment allocations can be adjusted as needed.  More details can be found in the Donor-Advised Fund Investment Allocation form.

Charitable administration fees are charged and cover grantmaking, recordkeeping, annual audits, tax filing, quarterly statements, insurance and other operating expenses. National Philanthropic Trust determines the amount of these fees by applying a blended schedule against the average daily balance of your account at the end of each month.

Learn more about Donor-Advised Funds: Contributions, Tax Information and Grantmaking

Matching Gifts

Many employers sponsor matching gift programs and will match any charitable contributions made by their employees.

If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. The impact of your gift to our school may be doubled or possibly tripled! Some companies match gifts made by retirees and/or spouses.