A unique and effective way to give.
A donor-advised fund (DAF) is similar to a charitable investment account that is set up for the sole purpose of supporting charities. Individuals can contribute cash, stocks or other assets into the DAF and receive an immediate tax deduction. Those funds are invested for tax-free growth and the individual can recommend donations to charities of their choice over time.
When you give to United Way of Coastal and Western Connecticut, you can designate how your gift will be used to create a lasting, meaningful impact.
For more information, please contact Jennifer Smith at 203-297-6305.
How does a Donor-Advised Fund work?
- Name United Way of Coastal and Fairfield County as a beneficiary of your donor-advised fund (DAF).
- Designate us to receive all or a portion of the balance of your fund on your passing.
- The balance in your fund passes to United Way of Coastal and Western Connecticut when the fund terminates.
- During your lifetime you can also make grants to us from your donor-advised fund.
What are the benefits?
- Support a cause you’re passionate about by making thoughtful, ongoing donations.
- Continue to involve your family in philanthropic decisions.
- Leave a lasting impact on your community.
- Take advantage of tax benefits right away with the option to distribute funds later.
- Combine all of your philanthropic contributions.
- By combining stock gifts to a DAF, you can ensure that your deductions are at or over the required amount