Donor-Advised Fund
Donor-Advised Funds (DAFs) are a simple, flexible way to create a lasting legacy. They allow you to support the Hospital for Special Care Foundation strategically, even with smaller gifts, and offer tax advantages that make giving easier.
How It Works
- Establish a dedicated account to support qualified charities.
- Fund it with cash, appreciated stock, insurance proceeds, or other assets. Contributions are irrevocable and may qualify for an immediate tax deduction.
- Manage the investments yourself or work with a professional advisor.
Ways to Support Hospital for Special Care Foundation
Beneficiary Designation: Name the Hospital for Special Care Foundation as a beneficiary so remaining assets transfer when the fund no longer has an advisor.
Grant Recommendations: While you or your successors advise the fund, you can recommend grants to support the Hospital for Special Care Foundation or other charities.
Benefits of Giving Through a DAF
- Immediate tax deduction for your contribution.
- Assets grow tax-free over time.
- Easier and less costly than establishing a private foundation.
- Begin giving with as little as $500.
- Flexible giving options to match your philanthropic goals.
DAFs are a smart, accessible way to leave a meaningful legacy while supporting Hospital for Special Care Foundation. For questions or to learn more, contact us.