Donor Advised Funds
What is a Donor Advised Fund
A Donor-Advised Fund (DAF) is a way for individuals, families, and organizations to donate money to a charitable fund and receive an immediate tax deduction. The money is then managed by a sponsoring organization, and the donor can suggest which charities should receive grants from the fund. The sponsoring organization handles administrative tasks and ensures compliance with regulations. DAFs offer simplicity, tax benefits, potential investment growth, and the option for anonymity.
How to set up DAF
Choose a reputable sponsor organization (such as Fidelity, Schwab, etc.) to effectively manage your contributions for Wesley Chapel Mission Center
Fund your Donor-Advised Fund with charitable donations
Recommend Wesley Chapel Mission Center for grants from the Donor Advised Fund to support the center’s mission
Determine the amounts and frequency (one-time or recurring) for Wesley Chapel Mission Center
Wesley Chapel Mission Center will receive acknowledgement when grants are distributed
Donor-Advised Funds Sponsoring organizations
Sign up to donate through Schwab charitable
Sign up to donate through Fidelity charitable
Sign up to donate through PNC
Sign up to donate through Greater Cincinnati Foundation
For more information about Donor-Advised Funds, visit irs.gov
To donate to Wesley Chapel Mission Center through an existing Donor-Advised Fund Click here!