Donor-Advised Funds
An easy way to support the Forward is through a Donor-Advised Fund (DAF). Donating through a DAF is a strategic and flexible way to manage your charitable giving.
How do I donate through a Donor-Advised Fund?
*If your DAF sponsoring organization is not listed, please contact them directly to make your recommendation.
Want to know more about Donor-Advised Funds (DAFs)?
A donor-advised fund is like a charitable investment account that is set up for the sole purpose of supporting charities, while maximizing the impact of your contributions.
A DAF allows individuals to contribute cash, stocks, or other assets into it and receive an immediate tax deduction. Those funds are invested for tax-free growth and the individual can recommend donations to charities of their choice over time.
This is a wonderful way to donate cash or securities now, receive a current charitable deduction and distribute your gift to the Forward over time.
Donor-advised funds are the fastest-growing charitable giving vehicle because they are the easiest, and most tax-savvy way to give to charities like the Forward.
Don’t have a Donor-Advised Fund yet?
- Contact your financial institution Through your preferred financial institution, sponsoring organization, or community foundation, set up a DAF.
- Make a Contribution: Transfer an irrevocable tax-deductible contribution (cash, stock, real estate, etc.) to establish the fund. You will receive a tax receipt and tax benefits when funds are deposited into your DAF. The DAF sponsoring organization oversees those funds as they grow tax free.
- Recommend a Grant: The assets within the fund now legally belong to the sponsoring organization, but the DAF account holder retains advisory privileges over disbursements made from the DAF in addition to the investment strategy. DAF account holders can recommend single or recurring donations to charitable organizations. Funds in a DAF can only be used to support organizations that are tax-exempt 501(c)(3) and classified as public charities under 509(a).To contribute to the Forward, advise the fund administrator to distribute a grant.
- Legal Name: The Forward Association
125 Maiden Lane, 8th Floor, New York, NY, 10038
646-248-6406 -
EIN: 13-0623590
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Please email a confirmation to [email protected].
- Legal Name: The Forward Association
- Support the Forward: Once the DAF sponsoring organization approves, the recommended donation is made to the qualified charitable organization, such as the Forward.
What are the benefits of giving through a Donor-Advised Fund?
Donating through a Donor-Advised Fund provides you with many benefits including:
- Support a charity you believe in through strategic giving, over time.
- Take advantage of immediate tax benefits with the ability to distribute funds later.
- Consolidate all of your charitable giving.
- Ensure that you meet and/or exceed standard deductions by combining donations of stock to a DAF.
- Maintain family involvement in charitable decisions.
- Create a lasting legacy.
For any further assistance or inquiries about Donor-Advised Fund contributions to the Forward, please contact Lisa Lepson, VP of Development at [email protected] or call 646-248-6406.