Donor Advised Funds
Combine favorable tax benefits with the flexibility to easily support Muslim Advocates.
A donor advised fund (DAF) is a giving fund administered by a third party that allows you to combine favorable tax benefits with the flexibility to easily support Muslim Advocates. It is created to manage your charitable donations.
An increasingly popular charitable vehicle, DAFs provide a way to simplify your charitable giving. DAFs allow you to give cash, stock and other assets and receive a tax deduction when the contribution is made. Then, you may use the fund to grant specific amounts to Muslim Advocates over time.
How it works:
- Establish your Donor Advised Fund by making an irrevocable, tax-deductible donation to a financial company that operated a DAF program such as Vanguard, Fidelity, Schwab, etc.**
- Determine the investment allocation of the donated assets (any investment growth is tax-free).
Recommend grants to Muslim Advocates whenever you wish to make a gift. We advise entering Muslim Advocates’ full legal name or employer identification number (EIN) 30-0298794 when searching a DAF charity database.
**Financial institutions generally charge an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.
What can my Donor Advised Fund do for Muslim Advocates?
DAFs provide a flexible, low-cost method of giving support for our work. These gifts are an essential part of the lasting change we make to overcome bigotry and hatred.
You may also name Muslim Advocates as the beneficiary of the fund during your estate and legacy planning.
To learn more about making a gift to Muslim Advocates using your donor advised fund, please contact Wes McClung by phone (202) 594-8714 or email [email protected].
Muslim Advocates is a public charity classified as a tax-exempt nonprofit organization under section 501(c)(3) of the Internal Revenue Code, is zakat-eligible and accredited by the Better Business Bureau-Wise Giving Alliance. Our employee identification number (EIN) is 30-0298794. Contributions are tax deductible to the extent allowed by law.