Donor Advised Fund

A donor-advised fund (DAF) is a philanthropic giving vehicle that provides an immediate tax benefit to you and allows you to grant funds to MPFS. Funding a DAF and recommending the MPFS for your charitable contribution is a great way to give.

BENEFITS OF A DONOR ADVISED FUND

• Establish a flexible vehicle for annual charitable giving
• Benefit from a more tax and cost-efficient alternative to a private foundation
• Receive an estate tax deduction and savings from your gift
• Obtain a charitable income tax deduction in the year of your gift

HOW A DONOR ADVISED FUND WORKS

• You make an initial, irrevocable gift of cash or stock to fund a DAF for MPFS
• The assets in your DAF grow tax-free.
• You make annual recommendations on gifts to be made from your DAF.
• When you pass away, your children may recommend charitable gifts from your DAF.

HOW TO SET UP FOR MPFS

• Contact your fund manager and recommend supporting MPFS, along with the amount of the grant. Your fund manager will send a check directly to MPFS from your fund.
• Please inform the Development office at MPFS of your intent. Provide your DAF with the following information:

TAX ID:
23-1386177

Mailing Address:
Media-Providence Friends School
125 W. Third Street
Media, PA 19063
Attn: Development Office