Donor-Advised Funds

Donor-Advised Funds
A donor-advised fund (DAF) acts like a philanthropic savings account. It is a type of giving program that allows you to combine tax benefits with the flexibility to recommend the amount and the frequency of gifts to your favorite charities like Brigham and Women’s Hospital (BWH).
Why give through a DAF?
- Simple: the DAF sponsor handles all record-keeping, disbursements, and tax receipts, while you avoid the cost and complexities of managing a private foundation. And, there are no transaction fees, meaning 100% of your gift goes to BWH.
- Flexible: the timing of your tax deduction can be separate from your charitable decision-making.
- Tax benefits: contributions are tax-deductible and your investments in a DAF can appreciate tax-free. You receive an immediate income tax deduction in the year you contribute to your DAF. Additionally, your DAF will not be subject to estate taxes.
- Legacy: To continue your support after your lifetime, you can name the Brigham as a beneficiary to receive a portion of your DAF. The remaining balance can be managed by your loved ones to continue your legacy of giving.
Your financial advisor can help you learn how to set up a donor-advised fund. Please note that Brigham and Women’s Hospital accepts gifts from a number of DAFs and not just those listed in the above drop-down menu. If you have questions about giving to BWH through your donor-advised fund, please contact:
Leigh Janczak
617 312 7185
ljanczak1@bwh.harvard.edu