Another Great Way to Give: Donor Advised Fund
A donor advised fund (DAF) allows you to combine the most favorable tax benefits with the flexibility to easily support Street2Street. It is created for the purpose of managing charitable donations on behalf of an organization, family or individual, and is administered by a third party. DAFs allow you to give cash, stock and other assets and receive an immediate tax deduction when the contribution is made.
A donor-advised fund gift provides a number of benefits that direct donations to Street2Street may not, such as:
Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
Family legacy – A DAF is a powerful way to build or continue a tradition of family giving.
Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts
Anonymity – You may may choose to remain anonymous if you desire.
In addition, a DAF gift has no start-up costs and no transaction fees, meaning that 100% of your recommended grant goes to Street2Street.
To learn more, go to Donor Advised Fund Gift. Thank you so much!