What is a Donor Advised Fund?
A donor advised fund (DAF) is a charitable giving account that provides an immediate tax benefit to you, and allows you to grant funds to charities of your choice. A donor advised fund is a great way to manage your giving to City of Hope and other charities in a simple and efficient way.
How do I Give Through a Donor Advised Fund
You can give in two ways:
- Recommend a grant online: Simply click the link below to find your fund and the system will prompt you through the process. You can also contact your fund manager directly to request a grant to City of Hope. Please use the following information: City of Hope (Tax ID 95-3435919), 1500 E. Duarte Rd., Duarte, CA 91010
- Direct the final distribution of contributions remaining in your DAF to City of Hope. When you create your donor advised fund – or update your existing succession plan – you can indicate whether assets remaining in the account will be distributed to charities of your choice or whether you would like to appoint successor advisors to continue to make grants from the account. If you do not name beneficiaries or create another succession plan for your DAF, these funds may be distributed to your financial services firms’ general giving account and may not be used to support the people and causes you might like to designate. We hope you will consider naming City of Hope as beneficiary of your account. Or you can name us to receive a portion of the account value, leaving the remainder for your children or grandchildren to continue your legacy of philanthropy.