Make a Gift with a Donor-Advised Fund

The Donor-Advised Fund (DAF) is an increasingly popular way to make a charitable gift. DAFs can provide you with immediate tax benefits while making your charitable giving easier. Here are two simple ways you can make a gift through your DAF:

• Make an outright gift now by recommending a grant to Ocean Conservancy.
• Create a succession plan to recommend that Ocean Conservancy receive all or a portion of the fund value upon the termination of the fund.

You can select the option that best suits your philanthropic and financial goals to support the Ocean Conservancy. Just contact your Donor-Advised Fund administrator to recommend a grant to Ocean Conservancy or to discuss a succession plan.

If you include Ocean Conservancy in your plans, please let us know and be sure to use our legal name and federal tax ID.

Legal Name:  Ocean Conservancy, Inc.
Address:  1300 19th Street NW, 8th Floor, Washington, D.C. 20036
Federal Tax ID Number: 23-7245152

Creating a Donor-Advised Fund

Creating a donor-advised fund can provide you with immediate tax benefits while making your charitable giving easier for years to come.

How It Works

You establish a Donor-Advised Fund at a sponsoring charity. This could be a community foundation, a public charity with a Donor-Advised Fund program, or even one of the well-known financial services companies that sponsor Donor-Advised Funds. Check with the sponsor about the minimum contribution required to start a Donor-Advised Fund, which typically range from $5,000 to $25,000. The sponsor may allow you to give your Donor-Advised Fund a unique name. Then, make an initial contribution to start your Fund. You can contribute cash or appreciated assets such as stocks or mutual funds. You’ll get an immediate income tax charitable deduction for your contribution that could reduce your taxes if you itemize.

Once established and funded, you can recommend that your favorite public charities, such as Ocean Conservancy, receive grants from your Donor-Advised Fund. Most Donor-Advised Funds have a minimum grant recommendation, or you can recommend distributing the entire balance of your Donor-Advised Fund for a cause important to you.

You do not get an additional income tax charitable deduction for these grants.

You can also create a succession plan with your Fund sponsor to recommend that some or all of the remaining assets in your fund at your passing go to Ocean Conservancy and other charities that are important to you.

Ocean Conservancy is grateful for grants that come from Donor-Advised Funds. If you are considering establishing a Donor-Advised Fund, we can suggest several sponsors for your review. You should also consult your professional advisor for guidance.

If you decide to make a gift, ask your administrator to notifying us that you intend to a make a gift by providing your information here.