Maximize Your Impact with Donor-Advised Funds: A Simple and Flexible Way to Give

At Family Service Rochester, we know that our mission to support individuals and families across Southeast Minnesota is made possible by the generosity of our donors. If you are looking for a flexible and tax-efficient way to give, a Donor-Advised Fund (DAF) might be the perfect choice for you.

A Donor-Advised Fund is a charitable giving account that lets you donate now and decide later which nonprofit organizations will benefit from your support. This gives you the opportunity to maximize the tax benefits of your donation while thoughtfully planning your giving. A DAF can be set up through community foundations, financial institutions, or charitable sponsors, making it an accessible and convenient way to contribute to causes close to your heart.

Giving made simple:

1. Contribute: You make a charitable contribution to your DAF. This can include cash, stocks, or other assets, which are immediately eligible for a tax deduction.
2. Invest: While you are deciding which nonprofits to support, your DAF can grow through investments, increasing the impact of your gift.
3. Recommend Grants: When you are ready, you can recommend grants from your DAF to Family Service Rochester or any qualified nonprofit of your choice.

Many Benefits of Giving through a Donor Advised Funds:

• Tax Efficiency: You receive an immediate tax deduction when you contribute to your DAF, even if you decide later where to distribute the funds.
• Flexibility: You can support multiple causes over time, allowing you to plan your giving for both the short and long term.
• Simplicity: Managing a DAF is straightforward. You do not have to handle the paperwork or administrative responsibilities that come with setting up a private foundation.
• Strategic Giving: Your DAF can be invested, giving your donations the opportunity to grow and make an even greater impact on the organizations you care about.

By directing grants from your DAF to Family Service Rochester, you can directly support our work in mental health, child welfare, aging services, and community engagement. Every donation helps us reach more people in need and expand our programs to serve even more families across the region.

If you have any questions or need assistance with making a gift, please contact us, and we will be happy to help.

Together, we can build stronger families and a more connected community!