Donor Advised Funds
A Donor Advised Fund (DAF) is an investment account for charitable giving that offers an immediate tax benefit and the flexibility to support your preferred charities right away or over time.
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Advantages of giving through your DAF
- Simplicity: Your sponsoring organization handles all record-keeping, and tax receipts and provides you with a single document at tax time.
- Timing: You can request that a donation be made at any time or make automatic recurring gifts on a schedule of your choice.
- Who: Anyone can start a DAF: individuals, families or even companies.
- Flexible funding options: You can fund your DAF with assets of your choice, including cash, stock, securities, and even real estate.
- Increase your philanthropic capital: With varying investment strategies available, the funds in your DAF have the potential to grow tax-free.
How Does a DAF Work – You have control
- You contribute assets to the DAF Sponsoring Organization. See a partial list below or check with your financial institution to see if they offer a DAF option. Your contribution is an irrevocable gift to the sponsoring charity.
- The sponsoring charity invests your charitable assets, allowing them to grow tax-free.
- You recommend grants to eligible charities from the growing fund.
Important Tax Information
The Sisters of Notre Dame de Namur U.S. East-West Province is a 501(c)(3) non-profit organization. Our tax identification number is 04-3210469.
Contact our Development Team if you have additional questions:
1520 Ralson Ave, Belmont, California
(650) 593-2045
351 Broadway, Everett, Massachusetts
(617) 387-2500 ext. 2011
Email: development@ewsndden.org