Donor-Advised Funds

Give from a Donor-Advised Fund

A Donor-Advised Fund (DAF) is a charitable investment account that you set up, but it is managed by a tax-exempt non-profit organization like the Seattle Foundation, Fidelity Charitable, or Schwab Charitable.

This way of giving is popular for people who want to give to CFH and other charities throughout the year and for extended periods of time.

How a DAF Works

  • First, you open an account and contribute cash, investments, and/or assets. This money can be invested for tax-free growth. You can even name your account, like the Johnson Family Fund.
  • Second, you qualify for a federal income tax charitable deduction at the time you contribute to the account, which means you only have to keep track of one receipt.
  • Third, you can then recommend how much and how often money is granted to your favorite charities—like CFH!
 

Information to Make a DAF Gift

Legal Name: Congregations for the Homeless

Federal Tax ID: 45-3932748

Mailing Address: 515 116th Ave NE, Suite 150, Bellevue, WA 98004

If you have any questions about the information you need to provide to the sponsoring organization of your donor-advised fund, please email kerryd@cfhomeless.org.

Acknowledgement of Gift

When you make a donor-advised fund gift, it’s possible that the sponsoring organization will not share your information with us. Please send a note to Kerry at kerryd@cfhomeless.org when you’ve made your gift so we can be sure to thank you and ensure your gift gets to where it is intended.

A DAF distribution is subject to IRS charitable contribution restrictions. For instance, DAF gifts cannot be used to pay for tickets to a fundraising event, gala dinner, or golf tournament.

Nothing on this website should be construed as legal advice. Please contact your attorney or financial advisor to determine what is best for your personal situation.