Is your giving making the greatest possible impact?
For many of us, this has been a year when charitable giving has been top of mind even more so than in past years. But when the world feels unpredictable and the need greater than ever, it's important to give in a way that achieves the greatest impact.
Our Donor Advised Fund program is designed to help generous Brooklynites like you maximize the amount you can give to charity thanks to highly beneficial tax deductions.
You'll also have the time you need to make strategic decisions about your giving, with the added benefit of our Donor Services team's expert guidance on supporting great nonprofits in Brooklyn and beyond.
Why open a Donor Advised Fund with Brooklyn Community Foundation?
Maximize Tax Benefits
With growing uncertainty over the future of charitable tax deductions under a potential new federal tax plan, it’s wise to take advantage of current tax benefits that may be unavailable to you in the very near future.
When you open your Fund with a single donation of cash, stock, or others assets, you will receive an immediate tax deduction for the full value of your contribution.
Donor Advised Funds are also the go-to choice if you have appreciated securities that you are willing to sell. You’ll get a tax deduction for the full fair market value of the stock and avoid owing taxes on your capital gains next April 15th.
Give Yourself Time
In most cases, Funds can be opened within a day and there's no rush to decide how to use it. You have the flexibility to support the charities you love at a pace that makes sense for you.
Partner with Local Experts
With Brooklyn Community Foundation, you gain access to our deep knowledge of the borough’s nonprofits informed by 20+ years of grantmaking.
And unlike the commercial gift funds, our low 1% management fee goes directly back out to Brooklyn nonprofits.
This December, take time to reflect on how your giving can have meaning for you and your family and make a real impact on your community.
It only takes a day to open your Fund—give us a call!
Email our Donor Services or call 718-480-7500 to learn more about all the unique benefits we offer to help you give to Brooklyn and beyond.