DAF Direct

Give from your Donor Advised Fund
What is a donor advised fund?
A donor advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to support your favorite charities easily. DAFs are an excellent way to simplify your charitable giving and facilitate your philanthropic goals.

How does it work?
  1. Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program 
  2. Advise the investment allocation of the donated assets (any investment growth is tax-free) 
  3. Recommend grants to qualified public charities of your choice
If I have a DAF, how do I use the DAFDirect form? 
  1. Select the sponsoring organization from the "Donate now from:" field.
  2.  Specify "Theatre Development Fund" (TDF) in the Designation field.
  3. Enter the amount (in dollars) you would like to recommend in the Amount field.
  4. Click on the "NEXT" button to proceed to the sponsoring organization's website to complete your donor advised fund transaction. Please note, you will be directed to an external website to complete your transaction.
What are the main advantages of a DAF?
  • 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 multiple 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 DAF. 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 be acknowledged or remain anonymous.
** Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.

Will I receive membership benefits from TDF for an annual fund donation made through a DAF?
Since the original contribution to the DAF provided the maximum tax deduction, the donor-advisor cannot receive any benefits that would change the value of the tax deduction. However, the donor-advisor can receive benefits that have insubstantial or no fair market value. 

For further information, please contact:
Joy Cooper, Director of Development
212.912.9770 ext 340