Ways to Give
Donate Through a Donor Advised Fund
What is a Donor Advised Fund?
A Donor Advised Fund (DAF) is a simple and smart way to give to your favorite charities while enjoying great tax benefits. It makes giving easier and helps you plan your philanthropy.
How does it work?
- Make a one-time, tax-deductible gift to a sponsoring charity.
- Decide how to invest the funds (growth is tax-free).
- Recommend grants to your chosen charities whenever you like.
Benefits of a DAF
- Easy: The sponsor handles all paperwork and recordkeeping.
- Flexible: Take your tax deduction now, give later.
- Tax Savings: Deduct your gift, avoid taxes on investment growth, and donate appreciated securities without capital gains tax.
- Family Legacy: Involve your family and create a tradition of giving.
- No Startup Fees: No cost to open, with a typical minimum of $5,000.
- Low Fees: Nearly 100% of your grants go to charities after minimal fees.
- Privacy: Stay anonymous if you choose.
Note: There may be small administrative fees based on the size of your fund.
Ready to Make a Difference?
Start Your Donor Advised Fund Today (add link)
Donate Stock Gifts to Support Our Organization
What is a stock gift?
Donating stocks or other appreciated securities is a simple way to support our organization. When you give appreciated stocks directly, you can avoid paying capital gains tax, and your donation can be more impactful.
Why donate stock?
- Tax Benefits: You may receive a tax deduction for the full market value of the stock.
- Avoid Capital Gains Tax: You don’t pay taxes on the increase in value of the stock.
- Maximize Your Giving: More of your gift goes directly to our programs.
- Convenient: Easy to transfer through your brokerage account.
Note: There may be small administrative fees based on the size of your fund.
How to donate stock:
- Contact your broker with our organization’s stock transfer information.
- Transfer the stock directly to our account.
- Let us know about the gift so we can thank you and provide the right documentation for your taxes.
Additional tips:
- Gifts of stock are often most beneficial when they’re long-term holdings (owned for more than a year).
- Please consult your financial advisor for personalized advice.
Questions or ready to donate?
Contact us at development@docwayne.org or visit our donation page [link].
