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Can donations to an alma mater be made in honor of friends and family?

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Donating to your alma mater is a wonderful way to give back and support the next generation of students. But did you know that you can also make these donations in honor of friends and family? This is a great way to honor a loved one's past and support the future of education. For example, Carol Lee Stephan not only donates to her own alma mater, Kent State, but also to her son’s alma mater, John Carroll University. She does this to honor her son's educational journey and to support the institutions that shaped him. This is where Daffy comes in as a great option for a Donor-Advised Fund (DAF). With Daffy, you can easily make donations to any educational institution in honor of your loved ones. Whether it's your own alma mater, your child's school, or even organizations and clubs you were involved in, Daffy makes it easy to give back in a meaningful way. Moreover, Daffy allows you to learn more about other ways to stay involved. For instance, Hank Fung, a civil engineer at Los Angeles County, uses Daffy to donate to the College of Engineering at his alma mater, University of California, Berkeley. He also volunteers his time interviewing candidates for the scholarship fund he supports. So, if you're considering making a donation to your alma mater, consider doing it through Daffy. Not only will you be supporting the future of education, but you'll also be honoring the past in a meaningful way. Remember, there's no such thing as 'not giving enough'. Even a small donation can make a big difference. As Bella Avanessian, a Daffy member and Brown University alumna, noted, "When alumni donate to their alma mater, even a nominal amount makes a difference. If a greater percentage of alumni donated even a small amount, the difference we make would be greater." So, whether you're a recent graduate or looking to give back years down the road, consider Daffy as your go-to platform for making donations to your alma mater. Together, we can impact change and better the experience for the next generation of students.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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