Donor Advised Fund
Thank you for considering a gift from your Donor-Advised Fund to the Conventual Franciscan Friars of the Province of Our Lady of Consolation.
A donor-advised fund (DAF) is a private fund administered by a third party and created for the purpose of managing charitable donations on behalf of a you as well as joint fund accounts with several family members or friends.
Once you have a DAF, you request a grant distribution through your DAF sponsor to the friars. You receive tax advantages of up to 50% of your adjusted gross income.
A donor-advised fund offers ease of administration. Also, donor-advised funds held at sponsors such as Community Foundations are often able to offer this service to you with fewer transaction costs than if the funds were handled privately.
- Donor-advised funds are private funds set aside by you for philanthropy.
- Donor-advised funds offer tax advantages of up to 50% of adjusted gross income.
You can also designate the friars as a beneficiary for your donor advised fund.
Your loving gifts help us to form a community of fraternal love and equality by supporting and calling one another to on-going conversation in our vowed life. Prayer and Contemplation strengthen us on our journey of faith.
Our ministries arise from the needs of God’s people in an ever-changing world. As servants and heralds of the Kingdom, we strive to respond compassionately to those needs through a prayerful discernment of our gifts and resources as individuals and as community.
Leave behind a legacy of giving and helping those who need it most.
As soon as a gift is received and matched to a donor, the Mission Advancement Office sends an acknowledgment letter stating the nature of the gift, the gift valuation date, and the gift valuation amount and a clarification statement indicating no goods or services were exchanged for the gift.
Please note: The Province of Our Lady of Consolation, is a tax exempt 501(c) organization (EIN # 35-6019627) and does not provide tax, legal, or financial advice. Any document or information shared by our staff is intended to be educational. We strongly encourage donors to seek counsel from their own legal and financial advisors.