Donor Advised Fund Contribution
If you have processed a contribution through a Donor Advised Fund, please let us know by filling out the form below.
We will let you know as soon as we receive your generous contribution. Thank you!
We will let you know as soon as we receive your generous contribution. Thank you!
If you are paying via a check from a Donor-Advised Fund, please direct your donation to the Los Gatos Education Foundation (Tax ID# 94-2874929) because LGEF is receiving the funds on behalf of the One Community LG Campaign and distributing donations to your child's school.
Thank you for your support!
Thank you for your support!
DONOR ADVISED FUND CONTRIBUTION FAQS
Q: What is a Donor Advised Fund (DAF)?
A: Donor Advised Fund (DAF) is a centralized vehicle for charitable giving that makes it easy for donors to dedicate funds to support their favorite nonprofit organization. It also provides an operationally convenient and tax-efficient method for donors to manage their charitable giving.
One Community LG's Tax ID# is 94-2874929.
Q: How does a Donor Advised Fund work?
A: With a DAF, charitably inclined individuals, families, and businesses make an irrevocable gift to a public charity that sponsors a donor-advised fund program, and may take an immediate tax deduction. Donors can then recommend grants over time to IRS-qualified 501(c)(3) public charities. DAFs also allow donors to approach their charitable giving thoughtfully by involving other family members or colleagues in their philanthropic decisions.
Q: Why do donors choose to have a Donor Advised Fund?
A: Donor Advised Funds offer donors a way to plan, manage and potentially grow their charitable giving. See below for other benefits:
Questions? Contact [email protected].
Q: What is a Donor Advised Fund (DAF)?
A: Donor Advised Fund (DAF) is a centralized vehicle for charitable giving that makes it easy for donors to dedicate funds to support their favorite nonprofit organization. It also provides an operationally convenient and tax-efficient method for donors to manage their charitable giving.
One Community LG's Tax ID# is 94-2874929.
Q: How does a Donor Advised Fund work?
A: With a DAF, charitably inclined individuals, families, and businesses make an irrevocable gift to a public charity that sponsors a donor-advised fund program, and may take an immediate tax deduction. Donors can then recommend grants over time to IRS-qualified 501(c)(3) public charities. DAFs also allow donors to approach their charitable giving thoughtfully by involving other family members or colleagues in their philanthropic decisions.
Q: Why do donors choose to have a Donor Advised Fund?
A: Donor Advised Funds offer donors a way to plan, manage and potentially grow their charitable giving. See below for other benefits:
- Simplicity – The DAF sponsor handles all record‐keeping, disbursements, and tax receipts.
- Flexibility– Timing of your tax deduction can be separate from your charitable decision making.
- Tax‐efficiency– Contributions are immediately tax‐deductible and any investment growth in the DAF is tax‐free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
- Family legacy– A DAF is a powerful way to build or continue a tradition of family philanthropy.
- No start‐up costs– There is no cost to establish a Donor Advised Fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).
- No transaction fees– Once approved, 100% of your recommended grant goes to your qualified recipient.
- Privacy if desired– Donors may choose to remain anonymous to the grant recipient.
Questions? Contact [email protected].
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