Donor Advised Funds
About DAFs
Donor Advised Funds (DAFs) are investment accounts dedicated solely to philanthropic contributions, like charitable savings accounts. DAFs earn tax-free interest, growing your account’s funds until they are distributed to organizations close to your heart.
Your DAF sponsor helps oversee your funds, making this an easy, seamless way to give, while giving you complete control over where your funds are disbursed. Contributions from DAFs are 100% tax-deductible immediately, regardless of the timeline you choose to distribute your gifts to organizations. Your DAF sponsor handles the administrative work of receipts and record-keeping.
DAFs are not just for cash; you can also contribute to your DAF with securities, real estate, and other non-cash assets. You can make one-time or recurring donations through DAFs. Your gifts through a DAF can remain anonymous if you choose.
How to give through your DAF
After establishing a DAF, the donor may recommend grants to qualified public charities. They may also advise the sponsoring organization on the investment strategy for the charitable assets.
As an IRS-qualified 501(c)(3) charity organization, Circle of Hope is grateful for the opportunity to receive grants awarded by donor advised funds.
If you have specific questions about giving through a DAF, please contact caitlin@circleofhopeonline.org.
Important Information you may need to designate Circle of Hope for a DAF contribution:
Tax ID: 26-3478964
Charity Name: Circle of Hope
Popular DAF Sponsors:
Fidelity Charitable | Schwab Charitable | Vanguard Charitable | National Philanthropic Trust | Bank of America’s Charitable Gift Fund | American Endowment Foundation | JP Morgan Donor Advised Fund | Silicon Valley Community Foundation | BNY Mellon | UBS Renaissance Charitable | Combined Jewish Philanthropies | Morgan Stanley Global Impact Funding Trust
If you don't see your DAF listed here, please let us know!
