DONOR ADVISED FUNDS
A donor-advised fund (DAF) is like a bank account for your charitable giving. It’s one of the most easy, efficient ways to support non-profits and grow what you have to give!
How It Works
You contribute funds to your DAF.
You decide how they’re invested.
You grant funds to the non-profit(s) of your choice (you can set recurring donations or grant one-time gifts).
Contributions to your DAF are tax-deductible, and your investment grows tax-free!
USE THIS INFO WHEN YOU DESIGNATE A GRANT to urbanpromise charlotte:
Legal Name: UrbanPromise Charlotte
Tax ID: 47-2302870
Address: P.O. Box 12213, Charotte, NC 28220
If your financial institution isn’t listed, select from the options below or contact us for help:
BANK OF AMERICA CHARITABLE GIFT FOUNDATION
FOUNDATION FOR THE CAROLINAS
MORGAN STANLEY GIFT
NATIONAL CHRISTIAN FOUNDATION
NATIONAL PHILANTHROPIC TRUST
NETWORK FOR GOOD
U.S. CHARITABLE GIFT TRUST
U.S. Bank Foundation
VANGUARD CHARITABLE
You are always welcome to give anonymously, but if you’d like to engage with UrbanPromise please be sure to include acknowledgement information with your gift!
STARTING Donor Advised Fund
Curious if a DAF is right for you? Many financial institutions offer DAF options, or you can set one up through a community foundation like Foundation for the Carolinas (local to Charlotte).
Most funds require a starting contribution between $5,000 to $25,000 to launch. You can make your initial contribution in cash or from appreciated assets like stocks or mutual funds. DAF investment options vary by institution.
If you have questions about setting up a DAF, contact us or speak to your financial advisor if you have one.