DONOR ADVISED FUND

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Donor-Advised Funds (DAFs) have become the most popular charitable giving vehicle because they combine the tax advantages of a private foundation with the simplicity of a personal savings account.

Think of a DAF as a charitable investment account: you put money in, get an immediate tax break, and then "advise" the fund on where to send grants over time.

• Upfront Deduction: You receive an immediate tax deduction the moment you contribute to the DAF, even if you don't decide which charities to support until years later.
• Capital Gains Avoidance: If you donate appreciated assets (like stocks or crypto held for >1 year) directly to a DAF, you pay $0 in capital gains tax. This allows you to give up to 20% more than if you sold the stock and donated the cash.
• Tax-Free Growth: Once the money is in the DAF, it is invested. Any growth is tax-free, meaning your $10,000 contribution could eventually result in $15,000 worth of grants to your favorite causes.

• "Bunching" Strategy: In a high-income year (e.g., a bonus or business sale), you can "bunch" several years of giving into one large DAF contribution to surpass the standard deduction and lower your tax bill significantly.
• Decouple Timing: You can separate the tax act of giving from the philanthropic act of choosing a charity. This is perfect if you want a year-end deduction but need more time to research where your money will do the most good.

• Anonymity: Unlike direct donations or private foundations (where grants are public record), DAFs allow you to send grants to charities 100% anonymously.
• Family Involvement: You can name your children or grandchildren as "successor advisors," teaching them philanthropy by letting them manage the fund after you.

To recommend a grant to us, your DAF provider will likely ask for the following details:

• Legal Name: Jacksonville Speech & Hearing Center
• Tax ID (EIN): 59-0970718
• Mailing Address: 1010 N. Davis Street, Jacksonville, FL 32209
• Contact Person: Krista Tverdak ktverdak@shcjax.org