Donor Advised Funds (DAF)
Already give through a donor advised fund? Recommend a grant to Community Harvest Network and put your charitable dollars to work close to home.
Give Through Your Donor-Advised Fund
A donor-advised fund (DAF) is a flexible, tax-efficient way to support the causes you care about. Think of it as a charitable investment account that allows you to make a charitable contribution now and recommend grants to eligible nonprofit organizations over time.
How a Donor-Advised Fund Works
You make an irrevocable charitable contribution.
You contribute cash, appreciated securities, or other eligible assets to a donor-advised fund maintained by a sponsoring charitable organization. You may be eligible for a charitable tax deduction in the year the contribution is made, subject to applicable tax rules.
Your charitable assets have the potential to grow.
Funds within the DAF may be invested and potentially grow tax-free, allowing more of your charitable dollars to support the causes you care about.
You recommend grants to eligible nonprofits.
You can recommend grants from your DAF to qualified charitable organizations on a schedule that works with your philanthropic goals. The sponsoring organization retains legal control of the funds and approves grant distributions.
Why Give Through Your DAF?
A donor-advised fund can simplify your charitable giving while providing flexibility in when and how you support the organizations that matter most to you.
You can make a larger charitable contribution to your DAF when it is financially or tax-efficient to do so, then recommend grants to your favorite nonprofits now or in the future.
DAFs may also provide a simpler and more cost-effective charitable giving option than establishing and administering a private foundation.
Community Harvest Network DAF Information
Legal Name: End Hunger in Calvert County dba Community Harvest Network
Federal Tax ID: #80-0456174
Mail grant checks to PO Box 758, Huntingtown, MD 20639. We're happy to provide any documentation your fund sponsor requires.
