Donor Advised Funds
A donor advised fund is a simple, flexible, and tax-efficient way to support Catholic Charities Archdiocese of Hartford while realizing tax benefits. A donor-advised fund is like a charitable investment account, but with the sole purpose of supporting a charitable organization that is close to your heart.
How Does a Donor Advised Fund Work?
There are many reputable organizations and companies that can assist you with getting started.
Once you have a Donor Advised Fund ready to receive your contributions, you are immediately eligible to receive the maximum tax deduction allowable by the Internal Revenue Service. Your contribution can be invested and grow tax-free, and you can begin recommending grants from your account to eligible charitable organizations such as Catholic Charities Archdiocese of Hartford.
Please consider Catholic Charities USA, our national umbrella organization, as a possibility in this decision to set up your Donor Advised Fund.