Donor Advise Funds
A donor-advised fund (DAF) is a type of giving fund administered by a third party that allows you to combine favorable tax benefits with the flexibility to easily support the Interfaith Children’s Movement.
An increasingly popular charitable vehicle, DAFs provide a way to simplify your charitable giving. DAFs allow you to give cash, stock, and other assets and receive a tax deduction when the contribution is made. Then, you may use the fund to grant specific amounts to ICM.
How It Works
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Establish your DAF by making a tax-deductible donation to a financial company that operates a DAF program, like Vanguard, Fidelity, Schwab Charitable, or a community foundation.
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Determine the investment allocation of the donated assets (any investment growth is tax-free).
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Recommend grants to ICM whenever you wish to make a gift. We advise entering ICM’s employer identification number (EIN), 03-0457770, when searching a DAF charity database.
To learn more about making a gift to ICM using your donor-advised fund, don't hesitate to get in touch with info@icmgeorgia.org.