Donor-Advised Funds
A donor-advised fund (DAF) is a savvy philanthropic vehicle that allows you to transfer a variety of assets into an investment account that is specifically earmarked for charity.
As a donor advisor, you can then recommend grants to qualifying charitable organizations from your DAF. The charitable tax deduction eligibility occurs at the time of your assets being transferred into a DAF.
Each DAF provider has different fees, minimums and other rules, but with each type, whether at a commercial provider or community foundation, you can contribute to your fund over time and recommend grants at your discretion, providing flexibility to your giving strategy.
Additional benefits of using a DAF include:
- Ability to set up recurring annual, quarterly or monthly grants
- Option to name successor donor advisors (such as children or grandchildren)
- All or part of your DAF’s balance can be gifted to a charitable beneficiary like Carnegie Library of Pittsburgh as part of your estate planning
Recommending a Gift to the Library
Log in to your donor-advised fund account or contact your fund administrator to submit a grant request.
Designate your request to:
Carnegie Library of Pittsburgh, Tax ID#: 25-0965281
If you choose to support our organization and wish to be acknowledged, please fill out this form to notify us of your incoming DAF grant.
Or you may select your fund from the link below.
Questions?
Contact Allison Caldwell, Manager of Major Gifts and Planned Giving, at 412-235-0056 or caldwella@carnegielibrary.org to learn more.