Donating Through Donor-Advised Funds (DAF)

We’ve made it easy to initiate your grant recommendation.

If you have an account at one of these popular charitable sponsors, grant today to Bank Street:

Bank Street College of Education
610 West 112th Street
New York, NY 10025
Federal EIN #13-5562167

DAF Institutions and Sponsors

• Amalgamated Foundation
• American Endowment Foundation
• Ayco Charitable Foundation
• Bank of America Charitable Gift Fund
• CAF America
• Daffy
• Fidelity Charitable
• Jewish Communal Fund
• New York Community Trust
• North Star Fund
• National Philanthropic Trust
• Schwab Charitable
• Vanguard Charitable

If you cannot find your financial institution or charitable sponsor in the links above, please contact us at 212-961-3329 or giving@bankstreet.edu.

What is a Donor-Advised Fund (DAF)?

A DAF is a philanthropic giving vehicle like a charitable savings account. It provides an immediate tax benefit to you, and allows you to easily support Bank Street and other charities of your choice over time. Generally, you can invest cash and appreciated securities, as well as other assets that Bank Street may not be able to accept as a direct gift.

How Do DAFs Work?

DAFs can be easily set up through your financial institution or a community foundation to serve as a flexible charitable giving vehicle. For more information on how to establish a DAF, contact your community foundation or financial advisor.

Why are DAFs Used?

DAFs…

• Make it easy to turn your portfolio into an impactful gift.
• Eliminate capital gains on donated stock. Giving accounts have the potential to grow, possibly providing additional funding when you are ready to make a gift.
• Enable you to quickly put your charitable dollars into action and can make recurring gifts with ease.

Note: Individual situations vary, so donors should consult their advisors.