Skip to main content

Donor-Advised Funds

Easily recommend grants to Lutheran Planned Generosity of South Dakota for tax-efficient giving.

About Donor-Advised Funds

A Donor-Advised Fund (DAF) allows individuals to make charitable contributions and receive an immediate tax deduction. The funds are managed by a DAF custodian, and the donor can recommend grants to their preferred nonprofit organizations.

Donors can contribute to the fund over time and recommend grants to charities at their discretion, providing flexibility in their giving strategy.


  • Retain the flexibility to make grant recommendations over time.
  • Receive an immediate tax deduction when contributing to your fund.
  • Make an immediate impact on our mission.

How it works

  1. Prepare your grant request by providing the necessary information about our organization to your Donor-Advised Fund (DAF) provider.
  2. Submit the grant request, specifying the amount you wish to donate and any additional details.
  3. Once approved, your DAF provider distributes the funds to our organization on your behalf.

Contact us for more information

Simplify Your Giving with an ELCA Foundation Donor Advised Fund

Create a charitable account that is professionally managed and administered by the ELCA Foundation while providing input on its distributions to ministries and organizations. The ELCA Foundation Donor Advised Fund is invested in the ELCA Ministry Growth Fund, receiving stable quarterly distributions with underlying growth through market investments alongside the endowments of the ELCA and more than a thousand ELCA congregations, synods, and ministries. These investments all follow the Corporate Social Responsibility guidelines of the ELCA, which ensure that your investments make a difference before they’re even distributed.

Here’s how it works:

  • You establish and name a donor advised fund (DAF) with the ELCA Foundation through Lutheran Planned Generosity of South Dakota (LPGSD).
  • The fund will be established with named adviser(s) — typically you, the donor(s) — who will recommend grants from the fund. LPGSD will assist you in deciding the future of the donor advised fund by establishing successor advisers, a future transition to a named endowment or final distribution of assets.
  • The DAF can be funded through gifts of cash, stock, marketable commodities or other assets, including gifts of real estate, closely held stock, subchapter S corporate stock, LLC interests, and partnerships.*
  • You receive an immediate tax deduction when you contribute cash, securities or other assets to a DAF.
  • Funds in your DAF are able to grow tax-free, and distributions can be made via a grant recommendation from the advisor(s) of the fund.
  • These distributions can support your congregation, ministries, and favorite charities. By involving family members in making grant recommendations, many families use their donor advised fund to teach younger generations about giving.

*Any proposed gifts of such assets must be reviewed in advance with the ELCA Foundation and the donor’s tax adviser.

We’re here to help you meet your goals!

Name: Kathy McHenry
Executive Director
Phone: 605-274-5030

As Executive Director of Lutheran Planned Giving of South Dakota, Kathy brings over 20 years of experience in financial services, public speaking, and non-profit leadership. She specializes in generational transitions and legacy planning, particularly with farm and ranch families, as well as charitable trusts and tax-advantaged donations. Her workshops make these processes easily understood and accessible to everyone.


Already included us in your estate plan? Let us know

Please enter your first name.
Please enter your last name.
Please enter your email address.
Please select an inquiry.
Please enter a message.

More ways to make an impact

Gifts in a will or trust

Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).

Learn more

Beneficiary designations

Gifting assets not covered by your will — like 401(k) or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.

Learn more

Gifts that pay you back

Give assets while providing yourself or others with income for a period of time or distributions at a later date.

Learn more