Give Through Your Donor-Advised Fund

What is a donor-advised fund?

A donor-advised fund, or DAF, is a personal charitable vehicle that donors can establish at a community foundation or financial institution. A DAF allows donors to make a charitable contribution, receive a current year income tax deduction, and recommend grants from the fund over time to qualified nonprofits, such as the Children’s Hospital Colorado Foundation.

Maximize the impact of your donor-advised fund

Donor-advised funds (DAFs) play a major role in funding advancements led by nonprofit organizations. At Children’s Hospital Colorado, grants from donor-advised funds fuel the world-class pediatric expertise we provide to every family who needs us.

You may already know DAFs for their convenience, tax efficiency, and growth potential, but have you considered how you can support Children’s Colorado through a gift from your DAF?

Ways to give through donor-advised funds

to provide support to Children’s Colorado, impacting the health of children today as well as research efforts that become standards of care for the future. You can donate appreciated assets in your DAF without incurring capital gains taxes.

to fund the programs that matter most to you. Request a recurring grant through your DAF provider and show your ongoing commitment to child health.

with a DAF gift of $50,000 or more to promote the continued excellence of specific programs at Children’s Colorado and supplement general operating expenses. Endowed funds are essential to a fiscally healthy institution because they support clinical programs, research, education, and advocacy. Learn more about Endowments.

of your DAF or a percentage of the fund. By doing so, you extend your philanthropic impact beyond your lifetime, ensuring a legacy of support for Children’s Colorado. Contact your fund administrator for a beneficiary form.

A DAF success story

Joe and Laura want to give back by putting their investments where they will do the most good. They establish a $25,000 donor-advised fund with a community foundation and select how their assets will be invested. The couple receives a federal income tax charitable deduction that year and takes time to decide which charities to support. After researching local needs with the help of the community foundation that holds their DAF, Joe and Laura recommend grants for Children’s Hospital Colorado Foundation (which they’ve supported for years) and a local animal shelter. The community foundation sends grants from their fund. Then Joe and Laura name Children’s Hospital Colorado Foundation as the beneficiary of their DAF to receive their account balance after their lifetimes. Joe and Laura are delighted to start their personal legacy of giving and provide valuable support for the mission of Children’s Colorado.

Lily, patient ambassador holding piggy bank

Information provided is general and educational in nature and should not be construed as legal, accounting, or tax advice. Every taxpayer’s situation is different. Rules and regulations regarding tax deductions for charitable giving vary, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy or completeness of the information provided. Please consult an attorney or tax advisor regarding your specific legal or tax situation prior to taking any action based on this information.