Donor advised funds
Why support WaterAid?
Right now, for millions of people around the world, collecting dirty water to drink and going to the toilet in the open are a normal part of daily life.
Your gift will fund practical solutions, enabling us to get three essentials – clean water, decent toilets and good hygiene – to everyone, everywhere, within a generation.
Combined with decent toilets and good hygiene, these three essentials give children the chance to grow up healthy and strong. Women and men get to earn a living and whole communities start to thrive, giving people the chance to build a better future.
What is a donor-advised fund?
An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals. If you have a donor advised fund, DAF Direct enables you to recommend grants to WaterAid America, directly from your DAF (as long as your DAF’s sponsoring organization is participating).
Use the tool to connect to your Donor Advised Fund at Fidelity or Schwab Charitable, and recommend a grant to WaterAid. There are no costs or associated fees.
How does it work?
• Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program
• Advise the investment allocation of the donated assets (any investment growth is tax-free)
• Recommend grants to qualified public charities of your choice
What are the advantages of setting up 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 donor-advised fund. 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 remain anonymous to the grant recipient.
**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.