More About Donor Advised Funds
Did you know you can use your donor advised fund (DAF) to make a gift to C4RJ? A donor advised fund is a philanthropic vehicle established at a public charity. It allows donors to make a charitable contribution and receive an immediate tax benefit. Donors then recommend grants from the fund over time. An easy way to think about a donor advised fund is like a charitable savings account: a donor contributes to the fund as frequently as they like and then recommends grants to their favorite charity.
Why give through a DAF?
- Simplicity: Your DAF will handle all record-keeping, disbursements, and tax receipts. You avoid the cost and complexities of managing a private foundation. There are no transaction fees, which means 100% of your gift will go to directly to C4RJ.
- Flexibility: The timing of your tax deduction can be separate from your charitable decision-making.
- Tax benefits: Contributions to your DAF are tax-deductible, and your investments in your DAF appreciate tax-free. You receive an immediate income tax deduction in the year you contribute to your DAF. Moreover, your DAF will not be subject to estate taxes.
- Legacy: To continue your support of C4RJ after your lifetime, you can designate our organization as a beneficiary to receive a portion of your DAF. The remaining balance can be managed by your loved ones to continue your philanthropic legacy.
To donate through Fidelity Charitable, please click here
To donate through Schwab Charitable, please click here
To donate through Vanguard Charitable, please click here
For assistance donating through a different financial institution, please contact your financial planner or email the Development team at development@c4rj.org.
Already have a DAF and want to make your gift go even further?
#HalfMyDAF Do you have a Donor Advised Fund? If you make a grant to us and commit to spend down half the money in your DAF by October 10, we will be eligible to receive matching funds. Details at www.halfmydaf.com
To make your commitment through #HalfMyDAF with your Donor Advised Fund, click here.
