Donor Advised Funds

Donate to TransAlt With Your Donor Advised Fund Account

Donor Advised Funds (DAFs) are an increasingly-popular way to manage your charitable giving. If you’ve already established a DAF of your own, you can use this handy tool to make a grant designation to Transportation Alternatives directly from your Fidelity or Schwab account.

Just select your account provider and an amount to donate, and you’ll be taken to your Fidelity or Schwab account.

What is a Donor Advised Fund?

Creating a Donor Advised Fund is a convenient, low-cost way to supporting the causes you care about, and reap maximum tax benefits. It’s a bit like establishing your own personal foundation – but because your fund is managed by a public charity, you have flexibility and freedom to manage your giving.

How does it work?

  1. Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program – whether through a national fund like Fidelity Charitable Gift Fund, Schwab Charitable, or a local community foundation.
  2. Manage the investment allocation of your fund as you would any other assets. Any investment growth is tax free.
  3. Recommend grants, with the choice of being recognized or remaining anonymous.

Questions?

While we can’t provide financial advice, we’d be happy to talk to you about creative ways to give to TransAlt! Contact Vicky Bisogno, Development Director, at vicky.bisogno@transalt.org.