What is a Donor-Advised Fund?
A donor-advised fund (DAF) is a simple, flexible, and tax-efficient charitable savings account. It lets you make a philanthropic gift without choosing a specific charity right away. You have the flexibility to decide how and when to give to charities such as Raritan Valley Habitat for Humanity while the account grows tax-free. Your gift may also qualify for a charitable tax deduction in the year you donate, assuming you itemize.
How Does It Work?
- Establish your donor-advised fund (DAF) by making an irrevocable, tax-deductible donation to one of the many companies, community foundations, or charities that offer DAF funds.
- Choose your desired investment options that will allow your donor-advised fund to grow tax-free.
- Recommend grants to IRS-qualified public charities of your choice.
To Make a Donor-Advised Fund Donation to Raritan Valley Habitat for Humanity
Raritan Valley Habitat for Humanity is an IRS-qualified charity, making us eligible to receive donor-advised fund contributions. Your fund manager will supply instructions regarding minimum donations, the process for recommending grants, etc.
Raritan Valley Habitat for Humanity’s tax ID number is: 22-3126027.
Please make checks payable to: Raritan Valley Habitat for Humanity.
Mail checks to:
Raritan Valley Habitat for Humanity
PO Box 6275
Bridgewater, NJ 08807
Thank you for investing in Raritan Valley Habitat for Humanity. Your gift is deeply valued. We are grateful for your commitment to Raritan Valley Habitat for Humanity and its mission and values.