Recommend a gift to the One Warm Coat through your existing donor-advised fund.
A donor-advised fund is a convenient and tax-efficient method for managing charitable giving, offering the flexibility to recommend how much and how often money is granted to One Warm Coat.
If you currently have a donor-advised fund through Fidelity Charitable, Schwab Charitable, or BNY Mellon Charitable, you may use DAFDirect.
What are the main advantages of a donor-advised fund?
- Simplicity—The DAF sponsor handles all record keeping, disbursements, and tax receipts.
- Flexibility—Timing of your tax deduction can be separate from your charitable decision making.
- Tax efficiency—Contributions are tax-deductible, and any investment growth in the
- DAF is tax-free. It is also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support several charities from one block of stock.
- Family legacy—A DAF is a powerful way to build or continue a tradition of family philanthropy.
- No start-up costs—There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).*
- No transaction fees—Once approved, 100% of your recommended grant goes to your qualified public charity of choice.*
- Privacy if desired—Donors may choose to remain anonymous to the grant recipient.
One Warm Coat is a tax-exempt nonprofit organization, under the section 501(c)(3) of the Internal Revenue Code, identification number 74-3045243, and therefore all charitable donations are deductible to the full extent allowed by law.
Having trouble? Contact Patti Zappa, Executive Vice President, via email or by phone at 877-663-9276 x 2. View our Commitment & Disclosure Statement.