Donate from Your Donor Advised Fund

Ready to contribute to Sound Foundations NW from your DAF?donate from your DAF button to help build tiny homes for the homeless in Seattle

  • We use DAFpay to enable giving from your Donor Advised Fund with three easy clicks – choose your DAF administrator from the drop-down menu, enter your login info, type an amount and submit.  That’s it!  Or if you’ll be sending a gift directly from your DAF administrator, our EIN is 85-3697725.

Click the button to get started, and thank you!

Donor Advised Funds, or DAF’s, are tax-advantaged accounts that allow you to contribute assets earmarked for charitable causes, take the tax deduction right away for the full amount including any capital gain, then dole out the funds to specific charities in the future.  Because money put into your DAF account may only be forwarded on as donations to approved nonprofits, DAFs allow you to set aside funds during times of economic certainty or at windfall moments like selling a house, earning a bonus at work, or receiving an inheritance, and then continue your charitable giving even if circumstances change.  If you choose, your DAF account funds may also be invested and potentially grow over time to increase your family’s impact.

Want more info on Donor Advised Funds?

Our good friends and Community Partners, Brighton Jones financial advisors, offer up this quick intro on their blog:

How Donor-Advised Funds Work

  1. You contribute to a DAF, which has 501(c)3 tax status, so you receive the tax deduction right away. At institutions like Fidelity Charitable, accounts can be started without a minimum donation, require no minimum balance, and can be opened in about a day if you’re donating cash. Community Foundations often require a higher starting balance and charge slightly higher administration fees, but include services that connect donors more closely with their local non-profit and philanthropic community.
  2. Your irrevocable contribution can include cash, appreciated stock, real estate, cryptocurrency, and many types of marketable securities, that can be invested for tax-free potential growth once settled into the giving account. Note: Any investment assets used to fund a DAF can be transferred in-kind and will not be subject to Capital Gains. All positions are converted to cash once received into the DAF account.
  3. Assign your DAF a name and identify any successors or beneficiaries to the account.
  4. At any future point, designate funds from your DAF account to any of thousands of qualified non-profits. If you have charities you already support, you can begin granting right away. If you need time to figure out where you want the money to go, that’s fine as well.