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When is the best time to start donating to your alma mater?


The question of when to start donating to your alma mater is a personal one, and the answer can vary greatly depending on individual circumstances. However, one thing is clear: giving back to your alma mater is a rewarding and impactful way to support future generations of students. One of the best ways to start giving back is through a Donor-Advised Fund (DAF) like Daffy. Daffy is a great option for those who want to make a difference but may not have the means to write a large check. With Daffy, you can start with as little as $20 a year, and every contribution, no matter how small, makes a difference. Daffy member Bella Avanessian, a Brown University alumna, noted the opportunities she was afforded during her time at the university. She said, “I feel that Brown invested so much in me. Now that I'm able, I like to give back so future students can have as rewarding an experience.” Another Daffy member, Hank Fung, a civil engineer at Los Angeles County, gives back to his alma mater, the College of Engineering at the University of California, Berkeley. He said, “I mostly give back because I feel fortunate to have been accepted to a prestigious university. So I give to the College of Engineering to help fund their research and scholarship fund.” Whether you're a recent graduate or you're thinking about giving back years down the road, Daffy makes it easy and accessible to start donating to your alma mater. You can even honor friends and family by donating to their alma maters, as Carol Lee Stephan does for her son's alma mater, John Carroll University. In conclusion, there's no 'right' time to start donating to your alma mater. What matters most is the intention behind the donation and the impact it can have on future generations of students. And with Daffy, you can start making that impact today.

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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