What is a donor advised fund?
A donor advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAF’s are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.
Recommend how much and how often money is granted to Save the Redwoods League and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
You can also create a lasting legacy by naming Save the Redwoods League the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
Still learning about DAFs? Discover the ease of opening a donor advised fund—plus the advantages you’ll enjoy—with your FREE guide One Stop Giving: The Convenience and Simplicity of Donor Advised Funds.
Download the FREE guide Maximize the Impact of Donor Advised Funds.
AN EXAMPLE OF HOW IT WORKS
Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They establish a $25,000 donor advised fund with a community foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants for the League (which they’ve supported for years) and two other nonprofits. The foundation presents the charities with checks from the Megan Fund, which Joe and Laura named in honor of their daughter. Joe and Laura are delighted to start this personal legacy of giving.
Fund Your Donation With:
- If you already have a fund, use the DAF widget to connect. No fund yet? Get our free guide.
- Contact Deborah White at 415-820-5828 or DWhite@SaveTheRedwoods.org to discuss using your donor advised funds to support the League and our mission.
- Seek the advice of your financial or legal advisor.
- If you include the League in your plans, please use our legal name and federal tax ID.
Legal name: Save the Redwoods League
Address: 111 Sutter Street, 11th Floor, San Francisco, CA 94104
Federal tax ID number: 94-0843915
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.