Donor Advised Funds

Make a Tax-Efficient Gift Through Your Donor-Advised Fund

What is a Donor-Advised Fund (DAF)?

A donor-advised fund (DAF) is like a personal charitable savings account. You establish the account through a public charity, make contributions, receive an immediate tax deduction, and then recommend grants from the fund to your favorite nonprofit organizations—such as WICN Public Radio—over time.

Why is a DAF a Good Giving Option?

Using a DAF is a simple, effective, and tax-efficient way to manage your charitable giving. Here are a few key benefits:

Simplicity:
Contribute a variety of assets—cash, stocks, or other appreciated assets—into one account, making it easy to organize and track your philanthropy.

Tax Efficiency:
You’re eligible for an immediate tax deduction in the year you contribute to your DAF. This can be especially beneficial during a high-income year or after a significant financial event, such as receiving a bonus or selling a business.

Growth Potential:
Your contributions can be invested and grow tax-free, potentially increasing the amount available to support WICN’s mission in the years ahead.

Questions?

Please call the station at (508) 752-0700 or email Membership@wicn.org

WICN’s Tax ID: 04-2500578