Donor Advised Funds
APsA accepts gifts from Donor Advised Funds & charitable giving accounts.
Do you have a donor advised fund (DAF) with a community foundation or charitable giving account? You may not realize APsA is an eligible 501(c)(3) nonprofit organization and you can support psychoanalysis through a single or by setting up a recurring gift.
If you are familiar with donor advised funds, you know they are basically a charitable investment account. The only purpose of this account is to support charitable organizations near to your heart.
Donor-advised funds with financial institutions like Fidelity, Vanguard and others are the fastest-growing charitable giving vehicle in the United States. They are one of the easiest and most tax-advantageous ways to support your charitable causes.
We hope you consider directing a DAF distribution to APsA. Perhaps you are already using your DAF to support your college, graduate school or favorite charity. Now you can add APsA to your list.
Here is how a Donor Advised Fund works:
- You contribute cash, securities or other assets to a donor advised fund at a public charity, like a community foundation or financial institution like Fidelity Charitable.
- Generally speaking, you may take an immediate tax deduction, depending on the type of assets used to create the DAF.
- You do not have to make an immediate decision on the charitable contributions from your DAF. Your funds are invested for tax-free growth and in the future, you can recommend grants to an IRS-qualified public charity like APsA.
- Typically, you can name your DAF anything you wish and many people name it after their family.
- Among the assets used to start a DAF are securities, mutual fund shares, private equity and hedge fund interest, real estate, privately held C-corp and S-corp shares.
For questions about making a gift to the APsA, contact Tom Newman at (212) 752-0450 or tnewman@apsa.org
Thank you for your charitable gift to APsA, a 501(c)(3) nonprofit organization. Contributions are tax deductible to the fullest extent of the law. Information on this site is for educational purposes only and not to be considered legal advice. Please consult your professional advisors when making decisions.
