Donor Advised Funds

A donor-advised fund (DAF) is a charitable giving program that allows you to combine the most favorable tax benefits with the flexibility to support the causes you care about, like Marines’ Memorial Foundation! A DAF allow you, the donor, to reduce tax costs immediately. Through your financial advisor you can then grant those funds out to charities like Marines’ Memorial Foundation over time.

 

If you already have a donor-advised fund, you can recommend grants to Marines’ Memorial, directly from your DAF.

 

PLEASE NOTE: Donor Advised Funds limit their giving to 501c(3) Charitable Organizations. When recommending a grant to support Marines’ Memorial, please use the Foundation’s EIN Number: 45-5261064

 

How does it work?

  • Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that supports your DAF program. Any investment growth is tax-free.
  • Advise the investment allocation of the donated assets.
  • Recommend grants to the charities you support, with the option of being recognized or remaining anonymous.
  • If you are with Fidelity Charitable, Schwab Charitable, or BNY Mellon, you can recommend a grant to Marines’ Memorial Foundation using DAF direct.

If your DAF is not listed, please contact the host of your DAF directly to recommend a grant.

 

LINKS:

 

Fidelity Charitable

 

Schwab Charitable

 

BNY Mellon

Please contact Chelsea Leonard, Director of Development for additional information at (415) 673-6672 x248.