Donor-Advised Fund

Donor-Advised Fund

What is a donor-advised fund (DAF)?

A donor-advised fund (DAF), is a charitable account that gives you the flexibility to recommend how much and how often money is granted to the Sisters of Charity and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.

When you recommend a grant to the Sisters of Charity from your donor advised fund, you help:
Education, Care of the Elderly, Feeding the Hungry, Shelter the Homeless

How does a DAF work?

You make an irrevocable contribution of personal assets, including cash, stock, real estate and more. You immediately receive the maximum tax deduction that the IRS allows.
You name your donor-advised fund account, advisors, and any successors or charitable beneficiaries. Your contribution is placed into a donor-advised fund account where it can be invested and grow tax-free.
At any time afterward you can recommend grants from your account to qualified charitable orgainizations.
Eliminate the paperwork and administrative tasks that go along with donating to charity. Your DAF maintains your giving records in one place and makes it easy to prepare for tax season.

Do you already have a Donor Advised Fund?

If so, please consider adding the Sisters of Charity as one of the charitable organizations that you support through your DAF. Please request that your fiduciary include your name and address on the memo line of the gift so we can properly acknowledge your gift and offer our thanks for your generosity.

Fidelity Charitable Vanguard Charitable Schwab Charitable American Endowment Foundation Ayco Charitable Foundation Bank of America Charitable Gift Fund BNY Mellon Goldman Sachs Philanthropy Fund Jewish Communal Fund Morgan Stanley GIFT National Christian Foundation National Philanthropic Trust Raymond James Charitable Renaissance Charitable Foundation Silicon Valley Community Foundation U.S. Charitable Gift Trust

You can also create a lasting legacy by naming the Sisters of Charity the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.

SCMC is a 501(c) (3) charitable organization. Gifts to the Sisters of Charity of Our Lady, Mother of the Church, Baltic, CT are tax deductible to the fullest extent provided by law. If you have any questions, please contact us directly at (860) 822-6323 or e-mail us at Development@sistersofcharity.com.

We recommend that you contact Sisters of Charity to inform us of your gift, so we can thank you for your generosity.

When granting through your donor-advised fund, please use the following information:
Sisters of Charity Tax ID: 06-1440634

Mailing address:
Holy Family Motherhouse
54 W. Main St.
Baltic, CT 06330
(860) 822-8241

“With Mary, our lives continually proclaim the greatness of the Lord and the joy experienced in rendering service to Him.”

Holy Rule

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