Donor Advised Fund
Donor-advised funds can simplify your giving and cut your tax bill, all while giving back to the community.
A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to the Institute for Shelter Care 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.
You can also create a lasting legacy by naming the Institute for Shelter Care 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.
What is a donor-advised fund?
A donor-advised fund, or DAF, is an account where you can deposit assets for donation to charity over time. The donor gets a tax deduction for making contributions to the donor-advised fund. A sponsoring organization manages the account; the donor recommends how to invest the assets and where to donate them.
What are the benefits of a donor-advised fund?
In addition to providing financial support to charities, donor-advised funds can provide more immediate income tax deductions for donors, as well as potentially reduce capital gains taxes and estate taxes.
What can you contribute to a donor-advised fund?
Different kinds of assets can be contributed to a donor-advised fund, such as:
- Cash
- Stocks, bonds and mutual fund shares
- Money in IRAs and 401(k)s
- Private company stock
- Cryptocurrencies
- Life insurance
An Example of How It Works
Michael and Lisa want to give back to their hometown by putting their money where it will do the most good. They establish a $25,000 donor advised fund with a community foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants for the Foundation (which they’ve supported for years) and a local animal shelter. The foundation presents the charities with checks from the Suzanna Fund, which Michael and Lisa named in honor of Lisa’s mother. They name the Foundation as the beneficiary to receive the account balance after their lifetimes. Michael and Lisa are delighted to start this personal legacy of giving.
Next Steps > >
Contact Jeanne Allert to discuss using your donor advised funds to support the Foundation and our mission: jallert@instituteforsheltercare.org
If you include the Foundation in your plans, please use this information:
Legal Name: The Samaritan Women – Institute for Shelter Care
Address: PO Box 43818, Louisville, KY 40253
Federal Tax ID: 74-3231089
Have a question about Donor Advised Funds?
To discuss using your donor advised funds to support the Foundation and our mission, please contact Jeanne Allert at jallert@instituteforsheltercare.org
Monthly Giving
A monthly gift is an easy way to support the ministry of the Institute for Shelter care. You can become a monthly giver by completing the online donation form HERE. You can make changes to your monthly giving at any time by contacting lthomas@instituteforsheltercare.org.
Honor/Memorial Gifts
Celebrate or remember someone special in your life by supporting the Institute for Shelter Care. You can send the recipient a beautiful card to let them know you are thinking of them. CLICK HERE
If you wish to designate the Institute for Shelter Care in your Facebook birthday fundraiser, or if you would like to host a fundraiser contact lthomas@instituteforsheltercare.org and the team will be happy to assist.
Workplace Giving Campaigns
Matching Gifts
Double the impact of your generosity by participating in your company’s matching gift program. Send your company’s matching gift form along with your donation and the development team will take care of the rest.
Workplace Giving Campaigns
A simple way to offer support to our Mission is through your workplace giving Campaign. You can designate the Institute for Shelter Care through the campaigns listed below.
• Federal Employees – Combined Federal Campaign #78937
• State Employees – Maryland Charity Campaign #743231089
• United Way of Central Maryland – #7946
Sponsorship
The Institute for Shelter Care have a number of opportunities for your company to sponsor an event. Your partnership is a testament to your support of our Mission. Contact lthomas@instituteforsheltercare.org to discuss upcoming events.
Major Gifts
An investment in the Institute for Shelter Care is an investment in our Mission – no one person can tackle the problem of sexual exploitation alone, but together we can have a significant impact. If you are interested in making an investment in our Mission please contact Jeanne Allert jallert@instituteforsheltercare.org.
Planned Giving
Some legacies are written on buildings, others remembered through awards. You too can make a significant legacy and lasting reminder to all of your commitment and dedication to the Institute for Shelter Care’s Mission. Whatever your legacy goals are, there are options available to share that legacy with the Institute for Shelter Care. We recommend talking with your trusted financial advisor, however to begin the process you please contact Jeanne Allert jallert@instituteforsheltercare.org
• Bequests
• Gifts of Stocks & Mutual Funds
• Gifts of Life Insurance
There are many options available for you to realize your legacy to the Institute for Shelter Care such as Charitable Remainder Trust, Charitable Lead Trust, Charitable Gift Annuity, IRA Distribution to name a few. If you want to discuss your intentions in more detail contact jallert@instituteforsheltercare.org.
Bequests
If your intention is to defer your gift till your death, you can use the following language in your Last Will & Testament:
Specific Bequest:
I give, devise and bequeath _________ (insert dollar amount) to The Samaritan Women – Institute for Shelter Care, or its successor organization, located in Louisville, KY. The Samaritan Women – Institute for Shelter Care is a 501(c)(3), federal tax ID #74-3231089.
Residual Bequest:
I give, devise and bequeath_________ (insert %) of all the rest, residue and remainder of my estate to the The Samaritan Women – Institute for Shelter Care, or its successor organization, , located in Louisville, KY. The Samaritan Women – Institute for Shelter Care is a 501(c)(3), federal tax ID #74-3231089.
Bequests
If your intention is to defer your gift till your death, you can use the following language in your Last Will & Testament:
Specific Bequest:
I give, devise and bequeath _________ (insert dollar amount) to The Samaritan Women – Institute for Shelter Care, or its successor organization, located in Louisville, KY. The Samaritan Women – Institute for Shelter Care is a 501(c)(3), federal tax ID #74-3231089.
Residual Bequest:
I give, devise and bequeath_________ (insert %) of all the rest, residue and remainder of my estate to the Institute for Shelter Care, or its successor organization, , located in Louisville, KY. The Samaritan Women – Institute for Shelter Care is a 501(c)(3), federal tax ID #74-3231089.
Gifts of Stocks & Mutual Funds
You can donate gifts of appreciated securities or Mutual Funds that may lessen your tax burden. We partner with the National Christian Foundation to make this process simple for you:
Stocks:
DTC 0226
Account #479-048720
National Financial Services, LLC
National Christian Charitable Foundation
For information on Mutual Funds contact lthomas@instituteforsheltercare.org
Gifts of Life Insurance
If the goal of your legacy is to make a large gift with little cost to you, contact lthomas@instituteforsheltercare.org, and we will assist you in transferring ownership of a life insurance policy to the Institute for Shelter care or assist you in designating the Institute for Shelter Care as a beneficiary.
Legacy Fund
The Institute for Shelter Care is committed to ensuring that future shelter leaders stand ready with extensive courses in best practices, high quality of care, and a commitment to ensuring excellence while we work to equip new shelter leaders throughout the country. The Legacy Fund provides mentees the opportunity to attend training to garner these skills and more. Your support of the Legacy Fund goes a long way in ensuring that our vision, that any survivor, anywhere in the nation, has access to qualified, compassionate care. Give today or contact lthomas@instituteforsheltercare.org to discuss a gift