Donor-Advised Fund

Designate a Grant to MEDA via Your Donor-Advised Fund

What is a donor-advised fund? A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to simplify your charitable giving and facilitate your strategic philanthropic goals.

Recommend a grant to MEDA

If you already have a donor-advised fund with Fidelity Charitable, Schwab Charitable or BNY Mellon, use the widget below to recommend a grant to MEDA easily.

How does it work?

  • Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program.
  • Advise the investment allocation of the donated assets (any investment growth is tax-free).
  • Recommend grants to qualified public charities of your choice.

What are the main advantages of a donor-advised fund?

Simplicity. The DAF sponsor handles all record-keeping, disbursements and tax receipts.

Flexibility. Timing of your tax deduction can be separate from your charitable decision making.

Tax efficiency. Contributions are tax deductible and any investment growth in the DAF is tax free. It is also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.

No start-up costs. There is no cost to establish a DAF; however, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).

** No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice.