Donor-Advised Funds

Giving to Room to Read from your donor-advised fund (DAF) is an impactful and cost-effective way to advance equal access to education worldwide. Individuals, families or businesses in the US can establish a DAF to dedicate funds to their

Giving to Room to Read from your donor-advised fund (DAF) is an impactful and cost-effective way to advance equal access to education worldwide. Individuals, families or businesses in the US can establish a DAF to dedicate funds to their favorite causes while enjoying a variety of benefits.

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Make a gift through your donor-advised fund today

If you have an existing DAF with Fidelity Charitable, Schwab Charitable or BNY Mellon, use the form below to quickly access the online request page for your fund.

For other DAFs such as American Endowment Foundation, Ayco Charitable Foundation, National Philanthropic Trust, Raymond James Charitable, Renaissance Charitable Foundation, Silicon Valley Community Foundation, UBS or Vanguard Charitable, please contact your fund directly to make a request.

Room to Read’s tax I.D. number is 91-2003533.

Please send gifts to the following address:

Room to Read
465 California Street, Suite 1000
San Francisco, CA 94104

 

How do donor-advised funds work?

A DAF is a charitable savings account that makes it easy for donors to dedicate funds to their favorite causes.

Individuals, families or businesses in the US can establish a DAF by contributing cash, stock, or other non-cash assets to a DAF sponsor such as Fidelity, Schwab, Vanguard, or a local community foundation and receive an immediate income tax deduction.

Donors may then recommend grants over time to IRS-qualified charities.

 

What are the benefits of donor-advised funds?

  • Contribute a variety of assets. Assets generally accepted include cash, stock, mutual fund shares, cryptocurrencies, and other non-cash assets.
  • Maximize potential tax benefits. You receive an immediate income tax deduction at the time you make the contribution. If you contribute appreciated assets to the fund, you can eliminate capital gains taxes when those assets are sold by the fund.
  • Grow your charitable investment tax-free. Most DAFs accept donations of long-term appreciated securities and other assets, and donors can advise how the funds are invested, which could potentially allow tax-free growth, and could result in more money for your charity.
  • Keep track more easily. With a DAF, you don’t need to keep every gift receipt from every nonprofit you support – only the receipts from your DAF contributions.

 

Questions? We can help.

If you have questions about giving a gift from your donor-advised fund, please email [email protected] or call (415) 839-4400.

To learn about other tax-smart giving options like donating stock, click here.

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.

2 South African kids smiling and reading on the floor of a colorful library