Disaster Response
Child Development
Clean Water
Hunger Relief
Medical Care
Simplify Your Giving
A donor-advised fund (DAF) is a simple charitable giving account that allows you to support the causes you care about over time.
You contribute cash, stocks, or other assets to your DAF and may qualify for an immediate tax deduction. Then, whenever you are ready, you can recommend to the manager of your DAF that grants be made to Operation Blessing and Orphan’s Promise. Meanwhile, the funds in your account can remain invested and potentially grow tax-free for future charitable giving.
Benefits of a Donor-Advised Fund
GIVE
Establish a DAF and then donate to your DAF through cash, stocks, or non-publicly traded assets (such as private business interests) to be eligible for an immediate tax deduction.
- This can be desirable especially when a large and/or unexpected sum of money comes your way, such as when you sell a home or business, get a big bonus at work, or receive an inheritance.
GROW
While you are deciding which charities to support, your donation can potentially grow, making even more money available for you to give.
Maximize tax benefits:
- Obtain a charitable income tax deduction in the year of your contribution.
- Grow your contributions through investments that grow tax-free, making more charitable dollars available to nonprofits like Operation Blessing and Orphan’s Promise.
GRANT
You advise the manager of your DAF to distribute funds to Operation Blessing, or directly to Orphan’s Promise, and your other favorite charitable organizations.
Benefits of a Donor-Advised Fund
GIVE
Establish a DAF and then donate to your DAF through cash, stocks, or non-publicly traded assets (such as private business interests) to be eligible for an immediate tax deduction.
- This can be desirable especially when a large and/or unexpected sum of money comes your way such as when you sell a home or business, get a big bonus at work, or receive an inheritance.
GROW
While you are deciding which charities to support, your donation can potentially grow, making even more money available for charities.
Maximize tax benefits:
- Obtain a charitable income tax deduction in the year of your contribution.
- Grow your contributions through investments that grow tax-free, making more charitable dollars available to nonprofits like Operation Blessing and Orphan’s Promise.
GRANT
You advise the manager of your DAF to distribute funds to Operation Blessing, or directly to Orphan’s Promise, and your other favorite charitable organizations.
Summary of DAF Basics
- A DAF is simple to set up online through many different financial firms.
- DAFs are more popular and less expensive than a Charitable Trust or Private Foundation.
- When you fund the DAF with cash, appreciated securities, or other assets, you are eligible to take an immediate tax deduction, depending on your financial and tax situation.
- Funds in your DAF can be invested for tax-free growth until distributed to Operation Blessing or to Orphan’s Promise.
- You can recommend donations on a flexible timetable for future giving – there are no minimum or maximum annual distribution requirements .
Other Resources
Summary of DAF Basics
- A DAF is simple to set up online through many different financial firms.
- DAFs are more popular and less expensive than a Charitable Trust or Private Foundation.
- When you fund the DAF with cash, appreciated securities, or other assets, you are eligible to take an immediate tax deduction.
- Funds in your DAF can be invested for tax-free growth until distributed to CBN.
- You can distribute donations on a flexible timetable for future giving – there are no minimum or maximum annual distribution requirements .
Other Resources
See how a Donor-Advised Fund helps you give and grow to support OB over time.
Download your free brochure here.
Address: Operation Blessing International Relief and Development Corporation
Planned Giving – CSB 112
977 Centerville Turnpike
Virginia Beach, VA 23463
Legal Name: Operation Blessing International Relief and Development Corporation
Tax ID: 54-138657
Disclaimer: Information contained herein was accurate at the time of posting. This site is informational and educational only. Every individual’s situation is unique. The information on this website does not provide and is not intended to provide estate planning, legal, or tax advice. For such advice, please consult your personal attorney, CPA, or other qualified professional advisor. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.