Support Peace Economy Project through a Donor-Advised Fund (DAF)
A Donor-Advised Fund (DAF) is a charitable giving vehicle that allows donors to make a tax-deductible donation, invest the funds, and recommend grants to their favorite nonprofits over time. DAFs offer a flexible and tax-efficient way to support causes you care about, including the Peace Economy Project’s mission to redirect military spending towards human and social needs.
What is a DAF?
A Donor-Advised Fund (DAF) operates like a personal charitable savings account. You donate to the fund, receive an immediate tax deduction, and then recommend grants to support organizations such as the Peace Economy Project whenever you’re ready. Contributions can grow tax-free, allowing you to give more to the causes that matter most.
How to Open a DAF
- Choose a Sponsoring Organization: You can open a DAF through financial institutions like Fidelity Charitable, Schwab Charitable, through the DAF Day site or community foundations.
- Make a Donation: Contribute cash, stock, or other assets to your DAF and receive an immediate tax deduction.
- Invest and Grow: The assets in your DAF can be invested, growing tax-free over time.
- Recommend Grants: Once you’re ready, you can recommend grants to organizations such as the Peace Economy Project.
Example of How a DAF Works
- Step 1: You donate $10,000 to your DAF today, receiving an immediate tax deduction.
- Step 2: Your donation grows over time through investments.
- Step 3: In a few months, you recommend a $5,000 grant to the Peace Economy Project to support our initiatives. Later, you can recommend additional grants with the remaining funds.
Next Steps: How to Support Peace Economy Project through Your DAF
- Log into your DAF account with your sponsoring organization.
- Search for Peace Economy Project by our EIN: 43-1557948.
- Recommend a grant to support our efforts in building a peaceful economy.
- Notify Us: Let us know about your generous grant recommendation so we can acknowledge your contribution and update you on our work.
Thank you for considering a DAF donation to support our mission! Together, we can work towards a more peaceful and equitable future.
For any questions, feel free to contact us at peaceeconomyproject@gmail.com.
