Donor-Advised Fund
What are donor-advised funds?
A donor-advised fund (DAF) is an increasingly popular way to make a charitable gift. Creating a DAF can provide you with immediate tax benefits while making your charitable giving easier for years to come. Here are two simple ways you can make a gift through your DAF:
- Make an outright gift now by recommending a grant to Robin Hood.
- Create a succession plan to recommend that Robin Hood receive all or a portion of the fund value upon the termination of the fund.
You can select the option that best suits your philanthropic and financial goals to support Robin Hood. Just contact your donor-advised fund administrator to recommend a grant to Robin Hood or to discuss a succession plan.
If you include Robin Hood in your plans, please let us know, and be sure to use our legal name and federal tax ID:
Legal Name: Robin Hood Foundation
Address: 826 Broadway, 9th Floor, New York, NY 10003
Federal Tax ID Number: 13-3441066
Why It's Right for You
Creating a donor-advised fund can provide you with immediate tax benefits while making your charitable giving easier for years to come.
How It Works
- Establish a DAF at a sponsoring charity or financial services company. Check with the sponsor about the minimum contribution required to start a DAF, which typically ranges from $5,000 to $25,000. You can contribute cash or appreciated assets such as stocks or mutual funds. You’ll get an immediate income tax charitable deduction for your contribution that could reduce your taxes if you itemize.
- Once established and funded, you can recommend that your favorite public charities, such as Robin Hood, receive grants from your DAF. Most DAFs have a minimum grant recommendation, or you can recommend distributing the entire balance of your DAF to a cause important to you. You do not get an additional income tax charitable deduction for these grants.
- You can also create a succession plan with your fund sponsor to recommend that some or all of the remaining assets in your fund at your passing go to Robin Hood and other charities that are important to you.
Robin Hood is grateful for grants that come from donor-advised funds. If you are considering establishing a DAF, we can suggest several sponsors for your review. You should also consult your professional adviser for guidance.
Access Your Fund
To make a gift now through your DAF, type in the name of your DAF to be redirected to your fund's login page.
Don't see your fund? Let us know.
Contact us
We would love to speak with you and share information on gift strategies that can help you support Robin Hood and provide benefits to you and your family.
Austin Wrubel
Director of Planned Giving
212-844-3521
wrubel@robinhood.org
If you have already put Robin Hood in your estate plans, please let us know.