What is a Donor Advised Fund (DAF)?
A donor-advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting charitable organizations about which you care.
Contributions to these funds allow you to create charitable accounts and receive an immediate tax deduction. DAFs are relatively simple to set up and their management is outsourced to an institution, such as a community foundation (Winston-Salem Foundation, Greensboro Community Foundation, etc.) or commercial sponsor (Fidelity, Vanguard, etc.)
DAFs are also considered by the IRS to be public charities and won’t be subject to the 2 percent excise tax private foundations must pay on net investment income.
This low-maintenance way to oversee donations both large and small has increasing appeal. DAFs allow donors to have an active role in advising where their money goes as they can recommend which organizations receive their gifts. Most organizations that sponsor DAFs will honor those requests, so long as donations are to approved charities with 501 (c)(3) status. However, it is ultimately the organization, not the donor that has the final say.
How to make a gift to RMHCPT through a DAF?
Work directly with your sponsoring organization.
Please advise them to include your name, address, and fund name from which the gift originates.
Please have them make checks payable to:
Ronald McDonald House Charities® of the Piedmont Triad
419 South Hawthorne Road
Winston-Salem, NC 27103
For those who wish to electronically transfer funds to RMHCPT, gifts may be sent via a wire transfer.
Please contact:
Chuck Kraft, Chief Executive Officer
336-970-5654 | [email protected]
419 S. Hawthorne Road, Winston-Salem, NC 27103
Have you already made a gift to RMHCPT from your Donor Advised Fund?
If you’ve already made a gift to RMHCPT, thank you! To ensure we properly acknowledge your gift, please complete the following form:
DAF Submission
*Please note that RMHCPT does not provide tax or legal advice. Speak with your professional tax and/or legal advisor with questions about Donor Advised Funds and gifts to RMHCPT.
