Donor-Advised Funds

What is a donor-advised fund (DAF)?

 

A DAF allows individuals, families, and organizations to make contributions to a fund, receive an immediate tax deduction, and then recommend grants from the fund to qualified charitable organizations, like KidsCareEverywhere (KCE), over time. It operates as a philanthropic investment account where donors can manage their charitable giving strategically.

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What's the benefit of using a DAF?

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• You can contribute many types of assets-- cash, securities, privately held businesses, real estate, or cryptocurrency-- to a sponsoring organization that manages the fund. 

• Assets in donor-advised funds are invested, so your charitable assets can grow, ultimately increasing the amount you can give over time to nonprofit organizations, like KCE.

• Sponsoring organizations can provide you strategic counsel to help develop custom charitable giving plans.

• Donor-advised funds support legacy planning and can engage multiple generations of family members in charitable giving.

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How can I grant money to KCE using my DAF?

 

• Donors using Fidelity Charitable, Schwab Charitable, or BNY Mellon: please use this DAF Direct link to designate a gift to KidsCareEverywhere.

• For all other donors, you can recommend grants from your DAF go to "KidsCareEverywhere." KCE's tax identification number (EIN) is 14-1994362. Request the check be made out to “KidsCareEverywhere” and mailed to: KidsCareEverywhere, P.O. Box 5623, Berkeley, CA 94705. ​