Donor Advised Funds
Make a Difference in Our Community with a Donor Advised Fund
We’ve made it easy to initiate your grant recommendation. If you have an account at one of these popular charitable sponsors, grant today to our Federal EIN 59-2610345.
BY GIVING FROM YOUR DONOR ADVISED FUND, YOUR SUPPORT WILL:
Feed a family accustomed to hunger.
Send kids to school with backpacks full of snacks.
Ensure a senior doesn’t have to choose between food and medicine.
And so much more, right here in the Big Bend.
DON'T FORGET!
You can set up a recurring grant recommendation to The Salvation Army through your existing account to distribute grants at your direction and pace!
For your convenience, our EIN is xx-xxxxxxx
What is a Donor Advised Fund?
A Donor Advised Fund (DAF) is a simple way for individuals, families, and corporations to give to charity and receive an immediate tax deduction. Most DAF sponsors accept cash, securities, and certain other assets.
How It Works
- Start your DAF by making a tax-deductible donation to a public charity that sponsors a DAF program, like Fidelity Charitable or Schwab Charitable.
- Decide how the donated money is invested (any investment growth is tax-free).
- Choose which public charities (like Second Harvest!) you want to support with grants.
Benefits for You
- It’s easy! The DAF sponsor handles all recordkeeping, disbursements, and tax receipts.
- You can time your tax deduction separately from your charitable giving decisions.
- Contributions are tax-deductible, and any investment growth in the DAF is tax-free. It's also easy to donate long-term appreciated securities, avoiding capital gains taxes and supporting multiple charities with one stock donation.
- A DAF is a powerful way to continue a tradition of family philanthropy.
- There's no cost to establish a donor-advised fund, but there are usually minimum initial charitable contributions (typically $5,000 or more).
- No transaction fees! Once approved, 100% of your recommended grant goes to your chosen public charity.
- Donors can remain anonymous to the grant recipient if desired.
For more information, please contact James McGowan at (850) 562-3033 or email.