What is a Donor Advised Fund?
A donor advised fund is a charitable giving program managed by a nonprofit institution—known as a sponsoring organization—and created for the purpose of managing charitable gifts on behalf of donors.
What are the Advantages of a Donor Advised Fund?
- Your gifts to your donor advised fund entitle you to an immediate income tax deduction at the time of contribution.
- You avoid capital gains tax on appreciated assets you place in your donor advised fund.
- Your fund’s investment gains accumulate tax free.
- Funds are distributed to St. Anthony’s in your name and immediately put to use to provide essential support to San Franciscans living in poverty.
What if my Donor Advised Fund is with a sponsoring organization that is not part of DAF Direct?
Simply contact your account directly and recommend a donation in support of the important work of St. Anthony’s. Provide them with the following information:
Nonprofit Name and Address:
St. Anthony Foundation
150 Golden Gate Avenue
San Francisco, CA 94102
Federal Taxpayer ID Number: 94-1513140
Amount of your gift.