Donor-Advised Fund (DAF) Grant Frequently Asked Questions
What are the guidelines around DAF grants?
● As the DAF account owner, you may submit a request to make a grant to our organization. The DAF administrator has legal control over the funds and must approve the grant request.
● DAF grants are restricted to charitable gifts where no value or benefit is derived by the donor. This precludes using DAF grants to fulfill a pledge, purchase sponsorship, register for a gala, or participate in an auction, among other cases.
● The DAF administrator will send payment to the recipient along with the donor’s information.
● Note: The recipient will not receive a tax receipt as the deduction was previously taken when the donor contributed to the DAF (i.e. no additional deduction for the grant).
How does the EasyDAF button work?
● You can initiate a DAF grant directly on our site using our EasyDAF button in minutes.
● You’ll be asked to specify your DAF and the details of your grant — this will enable us to reconcile the gift and thank you for your support.
● You’ll then be asked to copy our tax ID or EIN (93-0669529) and click to be redirected to your DAF login page.
● We will not ask for your login credentials. Rather, you’ll log in directly to your DAF and submit a grant request, using our Tax ID of 93-0669529 (rather than our name) to find us in your DAF’s directory of nonprofits.
● You’ll then submit the grant as you normally would. Armed with the information you provided, we’ll be able to quickly reconcile and confirm receipt of your grant.
