Donor Advised Funds (DAFs)
A donor advised fund (DAF) is a strategic and tax-efficient way for donors to make charitable gifts. A DAF is typically established at tax-exempt organizations, such as community foundations, that manage charitable giving on your behalf. It allows donors to recommend grants to charitable organizations, receive an immediate tax benefit, and then distribute gifts from the fund to qualified charities like the International OCD Foundation (IOCDF).
Think of a DAF as a charitable savings account where you can contribute and then recommend grants to nonprofit organizations. Common organizations that manage and administer DAFs include Fidelity Charitable, Charles Schwab Charitable, and Vanguard Charitable.
As the advisor to your fund, you can recommend a grant be made to the IOCDF, a US-based, tax-exempt 501(c)(3) nonprofit organization (EIN: 22-2894564).
How Does a DAF Work?
- You make an irrevocable contribution of cash or other assets. (You may choose to be recognized or remain anonymous.)
- You immediately receive the maximum tax deduction allowed by the IRS at the time of the contribution (making this a tax-efficient strategy for charitable giving).
- Your contribution is placed into an account where it can be invested and grow tax-free.
- At any time, you can recommend grants from your account to qualified charities.
Leave a Legacy with your DAF! As you plan your estate, consider naming the IOCDF as a beneficiary to your DAF.
Donate Stock
We gratefully accept gifts of stock, real estate, or other appreciated assets. When you donate appreciated stock, bonds, or mutual funds to support the IOCDF, you receive a charitable deduction and avoid capital gains tax on the gift. Your charitable deduction will be equal to the full market value of the stock. This makes donating appreciated assets one of the most tax-efficient ways to support the IOCDF and its mission of helping those affected by obsessive-compulsive disorder and related disorders live full and productive lives.
To make a gift of stock, please contact your broker or fill out the information in the widget below. There is a minimum of $500 for stock donations made through the widget. If your broker is not listed as a supported firm, please select “Other” and you will receive an email from The Giving Block with further instructions and documentation. Once your stock donation is received and processed, you will receive a tax receipt.
If you have any questions or would like to speak with someone about your gift, please contact Kristen Lynch, Director of Development, at klynch@iocdf.org.
Qualified Charitable Distributions (QCDs)
Are you 70 ½ years or older and have an Individual Retirement Account (IRA)? A qualified charitable distribution (QCD), also known as an IRA charitable distribution or IRA rollover, allows you to donate up to $100,000 ($200,000 for married couples) to the IOCDF directly from your taxable IRA instead of taking your required minimum distributions. Donating to a charity like the IOCDF through a QCD offers valuable tax incentives. Contact your IRA account holder to learn more and get started!
To learn more and discuss your options, contact Kristen Lynch, Director of Development, at klynch@iocdf.org or 617-973-5801 ext. 315.