Donor Advised Funds
A Donor-Advised Fund (DAF) is a convenient charitable giving fund that allows you to designate your favorite charities as beneficiaries. DAFs can be established through many financial institutions or community foundations such as Fidelity Charitable, the Seattle Foundation, or Schwab Charitable.
This way of giving is popular for people who want to give to The Sno-Isle Libraries Foundation and other charities throughout the year and for extended periods of time.
How a DAF Works
- First, you open an account and contribute cash, investments, and/or assets. This money can be invested for tax-free growth. You can even name your account, like the Johnson Family Fund.
- Second, you qualify for a federal income tax charitable deduction at the time you contribute to the account, which means you only have to keep track of one receipt.
- Third, you can then recommend how much and how often money is granted to your favorite charities—like Sno-Isle Libraries Foundation!
Information to Make a DAF Gift
- Legal Name: Sno-Isle Libraries Foundation
- Federal Tax ID: 91-2010318
- Mailing Address: 7312 35th Ave NE, Marysville, WA 98271
You can also give a DAF directly to use through DAF Direct if your DAF is through Fidelity Charitable, DAFgiving360, or BNY Melon.
A DAF distribution is subject to IRS charitable contribution restrictions. website should be construed as legal advice. Please contact your attorney or financial advisor to determine what is best for your personal situation.
There are many different ways to support your library. The Foundation welcomes and appreciates gifts of any size and invests all contributions in innovative library programs, key services, and capital improvements. The Sno-Isle Libraries Foundation is a 501(c)(3) charitable organization registered with the IRS and Washington State. All gifts are tax-deductible to the extent permitted by law.
7312 35th Ave NE
Marysville, WA 98271
360-651-7074 (local)
877-766-4753 ext. 7074
