A DAF is a charitable giving account allowing donors to deposit funds and receive an immediate tax deduction. They can then decide how and when that money is granted to nonprofits like Big Reuse.
If you have a DAF account and would like to make a donation to Big Reuse or would like to set one up, reach out to a charitable sponsor below and recommend a DAF grant using our Federal EIN 46-5083170 and name Big Initiatives Incorporated dba Big Reuse.
Don't see yours listed? Let us know at sarah@bigreuse.org, and we'll add it.
What is a donor-advised fund (DAF)?
A donor-advised fund (DAF) is a philanthropic giving vehicle like a charitable savings account. It provides an immediate tax benefit to you, and allows you to easily support MSF and other charities of your choice over time. Generally, you can invest cash and appreciated securities, as well as other assets that MSF may not be able to accept as a direct gift.
How do donor-advised funds work?
DAFs can be easily set up through your financial institution or a community foundation to serve as a flexible charitable giving vehicle. For more information on how to establish a DAF, contact your community foundation or financial advisor.
Why are donor-advised funds used?
Note: Individual situations vary, so donors should consult their advisors.
- Easy to turn your portfolio into an impactful gift to save lives.
- Eliminates capital gains on donated stock. DAF giving accounts have the potential to grow, possibly providing additional funding when you are ready to make a gift.
- You can easily set up recurring DAF gifts, which help us stay prepared for the next emergency.
- You can quickly put your charitable dollars into action to respond to emergencies and disasters with an immediate grant.