Donor-Advised Funds
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Donate to NETRF Using DAF Direct
To make giving from a donor-advised fund (DAF) even easier, NETRF participates in the DAF Direct program. DAF Direct is a free and easy-to-use way to start your gift right now.
Initiate your request for a grant to NETRF right now. Once your DAF sponsor receives the grant recommendation, your donation will go through the standard review process and be distributed to NETRF as a check or through electronic funds transfer.
With DAF Direct, you can start your gift to NETRF right here, right now.
What is a donor-advised fund?
A donor-advised fund is a centralized way of managing your charitable giving. By pooling the funds you donate to charities in a DAF, you can maximize tax benefits and simplify the process of supporting nonprofit organizations.
Benefits of a donor-advised fund
- Simplicity—Your DAF sponsor handles all recordkeeping, disbursements, and tax receipts.
- Flexibility—The 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 several charities from one block of stock.
- Family legacy—A DAF is a powerful way to build or continue a tradition of family philanthropy.
- No start-up costs—There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DA (typically $5,000 or more).*
- No transaction fees—Once approved, 100% of your recommended grant goes to NETRF or other qualified charities you choose.*
- Privacy—You donate anonymously.
Donor-advised funds are sponsored by leading investment firms like Fidelity, Schwab, and BNY Mellon. You can establish a DAF with an irrevocable, tax-deductible contribution. You direct the investment of the allocated assets. Any interest growth is tax-free.
* Sponsoring organizations may assess an administrative fee on the assets in a DAF. These fees vary among sponsors of DAF programs.