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Donor-Advised Funds

What is a Donor-Advised Fund?

A Donor-Advised Fund (DAF) is a philanthropic vehicle that allows donors to make a charitable contribution, receive an immediate tax benefit, and then recommend grants from the fund over time. It is an easy, cost-effective way to support non-profit organizations you care about, like CHOICE of NY.

How It Works

  1. Contribute: Donors contribute to a DAF and immediately receive a tax deduction for the full donation amount.
  2. Grow: The funds can be invested and grow tax-free, increasing the potential charitable impact.
  3. Recommend: Donors advise on how their contributions are distributed to charities over time. You can choose to support specific programs at CHOICE of NY or allow us to allocate funds where they are most needed.

Why Choose CHOICE for Your DAF

At CHOICE of NY, your contributions directly empower our efforts to provide vital support services in the community. By directing your DAF contributions to us, you can help sustain:

  • Case Management Services: Your funds can support personalized case management that helps individuals navigate complex systems of care.
  • Housing Assistance: Contributions can aid in securing stable housing for those at risk of homelessness.
  • Educational Programs: Your donations can fund educational and training programs that enhance life skills and job readiness.
  • Criminal Justice Services: Support initiatives aimed at assisting individuals involved with the criminal justice system, providing them with the resources and support needed for successful reintegration into society.

Flexible Giving Options

With a DAF at CHOICE of NY, you have the flexibility to specify where your funds should go, or you can opt for unrestricted giving, allowing us to allocate resources to areas with the most pressing needs. This flexibility ensures that your contribution has the greatest impact, supporting a wide range of services that are essential for community well-being.

Make a Lasting Impact

A DAF with CHOICE of NY is more than just a financial contribution; it’s an investment in the future of our community. By choosing to direct your donor-advised funds to CHOICE, you’re not only ensuring that immediate needs are met, but you’re also supporting sustainable solutions that build stronger, healthier communities.

For more information on how to set up a Donor-Advised Fund with CHOICE of NY, please reach out to Mariadora Saladino, msaladino@choiceofny.org. If you are ready to make a contribution, fill out the form below.