Support Military Families
With Your Donor-Advised Fund
A donor-advised fund, which is like a charitable savings account, that offers immediate tax relief and gives you the flexibility to recommend how much and how often money is granted to United Through Reading and other qualified charities. You can recommend a grant, or recurring grants, now to make an immediate impact—or use your fund as a tool for future charitable gifts. You can also designate United Through Reading as a beneficiary for your donor-advised fund.
Things To Note About DAFs
How a Donor-Advised Works
A donor makes an irrevocable gift to a donor-advised fund and receives a tax deduction for the year the gift is made. Once the contribution is made, the sponsoring organization has legal control over the funds and the donor can make grant recommendations to the charity of their choice.
Guidelines
The IRS has specific guidelines around the kinds of organizations that are eligible to receive grants as well as the purposes these grants can serve. For example, grants can only be made to qualified charities, like United Through Reading, and cannot be made to a person. Additionally, a donor cannot receive more than an incidental benefit, so it cannot be gala tickets or auction purchases.
Tax Deductions
There are tax deductions for donor-advised funds, however, they come from the sponsoring organization of the fund and not United Through Reading.
How To Recommend A Gift To
United Through Reading
- Request a grant distribution through your DAF sponsor.
- Be sure to use United Through Reading's TIN # 33-0373000.
- Indicate whether your gift is unrestricted or designated to a program or campaign.
Mailing Instructions:
Advancement
United Through Reading
1455 Frazee Road, Ste 500
San Diego, CA 92108
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.