Donor-Advised Funds
Donor-Advised Funds (DAFs) are the fastest-growing charitable giving method and a tax-efficient way to manage your charitable donations. Many investment firms provide this service, as do many community foundations. When you deposit funds into your DAF, that is treated as a charitable donation and you are entitled to a tax deduction for that gift. Later, you can direct that a portion of the fund be paid out to a qualified not-for-profit organization, such as the Citizens Research Council of Michigan.
Many families use a DAF in place of a much more complicated private family foundation. Unlike a private foundation, which has strict rules about required annual giving minimums and formal tax filing requirements, a DAF has very few restrictions. Funds deposited now may be invested for the long fun and transferred to charitable organizations far in the future, perhaps managed by future generations.
If you have a DAF, please consider supporting the Citizens Research Council of Michigan through your fund. Many of our donors do so, and we have found it to be a seamless process.
Tax Benefits
Tax benefits are realized when you donate cash or stock to your DAF. As the donor, you will incur no capital gains tax on gifts of appreciated assets such as securities, real estate, or other liquid assets.
Make a bigger impact
Assets in your DAF will continue to grow tax-free, allowing you to build equity for future charitable donations and family involvement through several generations.
It’s quick and easy
Whether you want to do it yourself or get help from your financial advisor, making a gift from your DAF takes just minutes.
Let us know
If you don’t let us know you are planning on donating your DAF, the gift may remain anonymous, and we won’t be able to recognize your support and thank you. You can call Eric Lupher (734) 542-8001 or use the form below to share your basic information and the date you plan on making a donation.
Contact the Research Council
Thank you again for supporting our research and in-depth analysis of the pressing public policy issues being debated in Michigan.
The Research Council can accept gifts from your DAF as a wire transfer or by check.
Checks can be sent to us directly at the following address:
Citizens Research Council of Michigan
38777 Six Mile Road, Suite 208
Livonia, MI 48152
Citizens Research Council’s Tax ID Number is 38-1539991