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A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Friends of the IDF and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
You can also create a lasting legacy by naming Friends of the IDF the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
Simplify your giving and build a lasting legacy for the brave men and women who defend Israel and Jews around the world. Open a Friends of Israel Defense Forces Donor Advised Fund, a fund within the BNY Mellon Charitable Gift Fund. This one-stop solution can help you manage your charitable contributions to FIDF as well as other causes that are important to you.
Joe and Laura want to donate to causes where it will do the most good. They establish a $25,000 donor advised fund with FIDF.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get the time they need to decide which charities to support.
Once established, Joe and Laura recommend grants to FIDF (which they’ve supported for years) and to other organizations. FIDF presents the charities with checks from the Judith Fund, which Joe and Laura named in honor of Laura’s mother. They name FIDF as the beneficiary to receive the account balance after their lifetimes. Joe and Laura are delighted to start this personal legacy of giving.
This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!
Download My KitEnsure you’ve made the most of your donor advised fund—for your family and for FIDF. Download the FREE guide Maximize the Impact of Donor Advised Funds.
This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!
Download My Kit