What are Donor-Advised Funds?
A donor-advised fund (DAF) is a flexible charitable giving option administered by a third party such as a community foundation or financial services company. A donor transfers cash or other assets to the DAF and recommends how that money is granted to qualified charitable organizations such as Goddard Riverside.
Frequently Asked Questions
Simply contact your DAF administrator to make arrangements. Funds are usually sent directly to Goddard Riverside by your DAF Administrator. You can also designate Goddard Riverside as a future beneficiary of all or part of your Donor Advised Fund.
Benefits include:
- Anyone can do it! Some national DAFs have no minimum to start a fund.
- You receive an immediate tax deduction upon contributing to the DAF.
- The DAF manages and invests the contributed funds, providing tax-free growth.
- You can grant specific amounts to the charities of your choice at a later time as scheduled gifts or part of a legacy.
Yes! You receive an immediate tax deduction upon contributing to your fund. Your contributions are invested by the sponsoring organization and grow tax-free.
As with any tax-related questions, be sure to consult with a qualified, professional tax advisor.
Thank you for your interest in supporting Goddard Riverside. To contact us about making a DAF donation, please contact Beth Dunphe at bdunphe@goddard.org with the subject line, “DAF Donation” or call at 212-873-6600 ext. 1020.
Our Information
Here’s everything you’ll need to make a gift through your donor-advised fund.
Our EIN:
13-1893908
Our Mailing Address:
Goddard Riverside,
593 Columbus Ave,
New York, NY 10024
Our Contact Information:
Victoria Sheridan,
vsheridan@goddard.org
212-873-6600 ext. 1026
