Giving
Donor Advised Fund
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Make a gift to Fenwick from your DAF today.
Fenwick has partnered with a company called Chariot to easily submit a request to make your DAF donation to Fenwick. Click HERE to be directed to their secure platform.
What is a Donor Advised Fund?
A donor-advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting charitable organizations you care about.
When you contribute cash, securities or other assets to a donor-advised fund you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth, and you can recommend grants to virtually any IRS-qualified public charity, like Fenwick.
You want your charitable donations to be as effective as possible when you give. Donor-advised funds are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity.
How can I use my donor-advised fund to support charities?
With a donor-advised fund, you generally CAN:
Support IRS-qualified public charities with grant recommendations from the donor-advised fund.
Choose whether to recommend anonymous grants or to provide grant acknowledgment contact information with their grant recommendations. While donors choose to provide information about themselves on more than 90 percent of, donor-advised funds offer the option for anonymous granting for those who wish to recommend grants privately.
Specify a specific use, campaign or purpose for your grant recommendation. While you cannot fulfill legally binding pledges with a donor-advised fund, you can attach a special purpose to your grants. Similarly, you may make grant recommendations “in honor of” or “in memory of” a loved one.
How can I donate to Fenwick with my donor-advised fund?
Fenwick has partnered with a company called Chariot to easily submit a request to make your DAF donation to Fenwick. Click HERE to be directed to their secure platform.
You can also use the traditional method of making a donation with your DAF by contacting the holding institution of your DAF and requesting a grant to Fenwick. Fenwick’s EIN is 36-1066828.
For more information about making a donation to Fenwick with your DAF, please contact Katie Vanaria, kvanaria@fenwickfriars.com, 708-948-0306.
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