Donor Advised Funds

Harness the giving power of a private foundation—without the complexity

A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Feeding America and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.

You can also create a lasting legacy by naming Feeding America the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.

 

DAF Basics

Still learning about DAFs? Discover the ease of opening a donor advised fund—plus the advantages you’ll enjoy—with your FREE guide One Stop Giving: The Convenience and Simplicity of Donor Advised Funds.



[Insert DAF callout box]
 

An Example of How It Works

Happy family

Joe and Laura realize they're fortunate and want to give back by putting their money where it will do the most good. They start by establishing a $25,000 donor advised fund with a community foundation.

The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.

After researching community needs with the foundation’s staff and discovering that thousands of people in their community struggle with hunger—and millions struggle nationwide—Joe and Laura recommend grants for Feeding America and the Animal Rescue League. The foundation presents the charities with checks from the Megan Fund, which Joe and Laura named in honor of their daughter. Joe and Laura are delighted to start this personal legacy of giving.

 

Next Steps

  1. If you already have a fund, use our tool Take Action! Visit Your Fund to connect. No fund yet? Get our free guide.
  2. Contact Jessica Noe at 800-771-2303, Ext. 5593 or [email protected] to discuss using your donor advised funds to support Feeding America and our mission.
  3. Seek the advice of your financial or legal advisor.
  4. If you include Feeding America in your plans, please use our legal name and federal tax ID.

Legal name: Feeding America
Address: 35 East Wacker Drive, Suite 2000, Chicago, IL 60601
Federal tax ID number: #36-3673599

 

How to Fund Your Gift

Create a donor advised fund with one of the following assets:

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

Share
Tweet