Give Through Your Donor-Advised Fund

What is a DAF?

Recommending a grant from your donor-advised fund (DAF) can immediately impact the lives of youth in New York City, ensuring they have access to resources they need to thrive.

DAF accounts provide several ways for you to donate:

One time gift – recommend a grant from your DAF to New Life of NYC
Monthly or quarterly grant – set up a recurring grant from your DAF to New Life of NYC
Name New Life of NYC as the beneficiary of your DAF
DAF grants may also be eligible for a matching gift from your employer

DAF accounts are held at financial institutions or community foundations. These agencies invest the money held in DAF accounts, so the value grows (tax-free). Examples include:

Commercial Organizations – Fidelity Charitable, Schwab Charitable, Vanguard Charitable
National Organizations – National Philanthropic Trust, American Endowment Foundation
Community Foundations – Local, religious-based, etc.

Easy to establish and use

Low or no minimum dollar amount required to begin

You control when you want to grant funds to a nonprofit

Contributions to your DAF are tax deductible and earnings are tax exempt

Liquidate non-cash assets into your DAF

(ex: stock, life insurance, fine art, real estate), depending on your DAF holding agency’s policies

Make a grant with a DAF:

Step 1

Seek advice from your financial or legal adviser to determine if a DAF is right for you and understand the relevant guidelines for tax benefits. They can advise you on what DAF holding agency may align with your goals or help you open a DAF account.

Step 2

Once your DAF is funded and you are ready to make a grant, contact your DAF administrator to request a grant be made to New Life of New York City, Inc. under your name and mail to:

New Life of New York City, Inc.
475 Riverside Drive
Suite 1372/1371
New York, NY 10115

Step 3

Let our team know that you have initiated a DAF gift to New Life of NYC.

Step 4

Once New Life of NYC receives the DAF gift through your DAF administrator, you will receive a confirmation acknowledgment.

Have Questions?

Contact our team at [email protected] or (212) 780-5940 ext. 1002.