Take advantage of a charitable giving vehicle that allows you to take a tax advantage now and then over time you can donate to your charities of choice.
A donor-advised fund (DAF) is a single account, titled in your name and under your control, from which you can direct gifts (termed grants) to multiple charities on your demand. You make a contribution of cash, stocks or even real estate or private interests into your DAF, which is eligible for an immediate tax deduction at the time of contribution. You can then distribute this to various charities over time, with no forced timeline or pre-designated recipient. And you can invest, manage and potentially grow the fund over time while it awaits your direction of grants.
Using a donor-advised fund to manage your charitable inclinations automates and simplifies making gifts and keeping associated records. It helps you and your family establish a legacy of regular gifting to organizations and their causes that you deeply care about.
To make a donation to The Women’s Center from a donor-advised fund, consult your financial and legal advisors today!
If you have any questions or would like additional information, please contact Ann McNerney, Director of Development, at email@example.com or 571-385-1618.