Maximizing your Impact through Donor-Advised Fund Giving
A Donor-Advised Fund (DAF) is an excellent way to simplify your charitable giving while maximizing the impact of your contributions. By establishing a DAF, you can enjoy immediate tax benefits and retain the flexibility to support JFLA's mission at your own pace.
Here’s a simple step-by-step process to give to JFLA through a DAF:
Step 1 - Establish Your DAF: Set up a DAF through your preferred financial institution or community foundation.
Step 2 - Make a Contribution: Transfer cash, stocks, or other assets to the fund. You'll receive an immediate tax deduction for this contribution.
Step 3 - Recommend a Grant: Advise the fund administrator to distribute a grant to JFLA. You'll need the following details:
- Legal Name: Jewish Free Loan Association
- EIN: 95-1691014
- Contact: Kelly Halligan
Step 4 - Support JFLA's Mission: The grant will directly support JFLA's ability to provide zero interest, zero fee loans to individuals and families in the LA area.
If you hold funds at Fidelity, Schwab, or BNY Mellon, you can conveniently initiate a DAF gift through the DAFDirect tool below. Simply select the sponsoring organization from the 'Donate now from' field, fill in the designated amount, and select 'Next' to trigger the donation process.
For any further assistance or inquiries on giving through a DAF, please contact Kelly Halligan at email@example.com or 323-761-8833.