Many donors open a Donor-Advised Fund not only for tax-saving benefits, but to turn their non-cash assets into useable, philanthropic funds. Through your Donor-Advised Fund you are able to directly recommend grants to Salesian Missions.
WHAT IS A DONOR-ADVISED FUND?
Think of a Donor-Advised Fund or “DAF” as a charitable savings account. You receive an immediate tax benefit once you’ve established your DAF and then can make grant recommendations over time to Salesian Missions.
HOW DOES DAF WORK?
You can easily support Salesian Missions by simply advising your DAF administrator to make a distribution in whatever amount you choose. Since donors receive an income tax deduction at the time they contribute to their DAF, there is no additional charitable deduction when making annual or periodic gifts to Salesian Missions through your DAF.
WHAT DO I NEED TO DO TO PUT MY DAF DOLLARS TO WORK?
Many individuals are not aware that as part of their estate planning they can also name Salesian Missions as a beneficiary of the remaining funds in their DAF. As different DAFs have their own process and forms for accomplishing this unique bequeathing option, we advise you to ask your DAF administrator for specific instructions.
WHAT INFORMATION DOES MY DAF ADMINISTRATOR NEED?
When making a DAF gift to Salesian Missions, please provide the following information to your administrator:
Salesian Missions, Inc.
2 Lefevre Lane
New Rochelle, NY 10801
Attn: Fr. Mark Hyde, Director
Tax ID# 80-0522035
HOW WILL GRANTS FROM MY DAF BENEFIT SALESIAN MISSIONS?
When you contact your DAF’s administrator and recommend grants be distributed to Salesian Missions, you’ll help:
SUPPORT the work of nearly 30,000 Salesian Priests, Brothers, Sisters and novices working in more than 130 different countries around the world
PROVIDE for the resources needed for victims of brutal wars, devastating natural disasters, drought, famine and systemic poverty
RENEW the hopes and futures of children and youth served in more than 5,500 schools and youth centers, more than 330 orphanages and youth shelters, and more than 150 hospitals and clinics
MAINTAIN life-saving projects including the Salesian Missions Clean Water Initiative which drills wells, builds sanitation facilities, constructs water-collection towers and more
HAVE MORE QUESTIONS ABOUT DAFS?
We are delighted to help guide you through this process and answer your questions. If you would like to learn more about making gifts from DAFs to benefit Salesian Missions, please contact:
Liz Cahn, Stewardship & Mission Specialist
Phone: (914) 633-8344 x219
Email: [email protected]