Your DAF will support Paws for Life NC like never before.

DAF (Donor Advised Fund)

October 9 is DAF Day, a nationwide celebration of generosity by giving through Donor Advised

Funds (DAF).  The objective of DAF Day is to:

 Increase awareness and impact of DAFs. 

 Encourage DAF donors to experience the joy of giving on this specific date, October

9, and create a large, coordinated effort to support charitable causes. 

What is a Donor Advised Fund (DAF)

A DAF account is a simple, tax-smart investment option for charitable giving.

 A DAF is your own personal savings account, dedicated to giving to charities. You contribute

money, or assets, into your DAF account now, and then give a portion of your balance to

causes you care about whenever you’re ready, over the coming years.

 Explained another way, a DAF is like a 401k or a Health Savings Account for Health Care. It

is pre-committed / earmarked to charitable giving. You set your money aside in a special

account, tax-free. It is invested and grows. You donate any amount of this savings to IRS-

qualified 501(c)(3) public charities any time in the future.

How to get started?

Open a charitable giving account

 Choose a community foundation or financial institution ( e.g. Fidelity, Vanguard). It is an

easy process and can be done online. Complete an application and wait for

acknowledgement of the account being opened. Many have no minimum balance.

Fund the account:

 Once you establish an account, you can fund it with cash, or better yet, with appreciated

stocks or mutual funds, to be eligible for an immediate tax deductible donation. 

 You can take a tax deduction for the full charitable contribution in the year you put money

into the account, even if you do not give any of it to charities in that year. Because this

account is a DAF, appreciated assets you deposit into your DAF are never subject to capital

gains. Tax benefit is received at the time you add contributions to your account, not at the

time of disbursement to a charity. As always, contact your financial advisor and tax

accountant for advice for your specific situation.

 Once you have funded your donor-advised fund account, you may have an investment

strategy for the monies in your account—potentially growing your account tax-free and

providing you with more dollars to grant to charity.  Most have a very small management

fee.

Give when you’re ready to support your favorite charity

 It is easy. First, have the full name of the charity, the Tax ID EIN and Mailing Address

available. Do one of the following:

Contact your financial institution or DAF provider directly, on line or personally.

Simply log in to your account and the institution where your DAF is held will

distribute your request directly to the IRS-qualified 501(c)(3) public charities of your

choice, within a few days or weeks, and usually with a minimum donation amount of

$50.

Give online via the Charity’s Website. Click the DAF pay button on the charity’s

website, if available, and connect to your DAF provider and make a donation.

Giving is easy with a Donor Advised Fund. It is a WIN for you and a WIN for the Charity.

Here’s how you can take part:

Your DAF (Donor Advised Fund) will support Paws for Life NC like never before.

It’s DAF Day 2025—a nationwide celebration of generosity through Donor-Advised Funds.

When you make a DAF gift to Paws for Life NC today, you’re helping to save and improve the lives of homeless cats and dogs through foster-based rescue operations.

Support Paws for Life NC's mission to help SAVE MORE LIVES

Give easily and get counted in today's impact by giving through DAFpay https://www.pawsforlifenc.org/givingoptions TODAY - October 9th.

Celebrate the power of giving together by spreading the word

Today, your DAF can do more than ever before. Join us and be part of the movement.

Give now: https://www.pawsforlifenc.org/givingoptions