A donor-advised fund (DAF) is an investment account for philanthropic giving that offers an immediate tax benefit and the flexibility to support your preferred charities right away or over time.
The Advantages of Giving Through Your DAF
- Simplicity: Your sponsoring organization handles all record-keeping, disbursements (including an option for automatic distributions), and tax receipts, and provides you with a single document at tax time. Plus, it's an easy gift to make because it does not affect your current cash flow.
- Timing: You can request that a donation be made at any time or make automatic recurring gifts on a schedule of your choice.
- Flexible funding options: Fund your DAF with the assets of your choice, including cash, stock, securities, real estate, and even crypto.
Why Recommend a Grant From Your DAF to Dana-Farber and the Jimmy Fund
Your support helps to Defy Cancer. Here are a few examples of how Dana-Farber is changing cancer research and care:
- Dana-Farber played a critical role in developing nearly one in four FDA-approved cancer drugs in the last ten year
- Our total patient care model serves physical, emotional, and spiritual needs of patients and families
- Dana-Farber pioneered Profile, one of the broadest and most comprehensive enterprise-level, patient-based cancer genomics projects in the world
Are you a financial advisor?
If your clients are looking to make a gift through their DAF, please note Dana-Farber's tax ID number is 04-2263040. Please see our Resources for Advisors for more information.