What is Donor-Advised Giving?
Meals on Wheels Collin County is now making it easier for you to support our mission through Donor Advised Funds (DAFs).
A DAF is a charitable giving account that offers flexibility in managing your donations. It allows you to contribute assets like cash or securities, receive immediate tax benefits, and recommend grants to organizations like ours over time.
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You can conveniently direct your support to Meals on Wheels Collin County, helping us continue our mission of providing nutritious meals and services to local seniors in need. It's a simple and efficient way to make a lasting impact.
Effortlessly Donate a
Variety of Assets
With our new DAFpay platform, giving non-cash assets to support Meals on Wheels Collin County is now easier than ever. By donating stocks, securities, cryptocurrencies, or cash equivalents, you can often maximize your tax benefits while making a greater impact on the seniors we serve. DAFpay simplifies the process, allowing you to contribute in a way that works best for you.
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Here are some of the assets you can donate:
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Publicly traded stocks or mutual fund shares
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Cash equivalents, like checks, wire transfers, or brokerage cash balances
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Complex assets, such as privately held C corp and S corp shares
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Bitcoin and other cryptocurrencies
DONOR ADVISED GIVING BENEFITS
Tax Advantages: Receive an immediate tax deduction when you contribute to your DAF, even if you distribute the funds to charities over time.
Convenience: Easily manage and distribute charitable donations from a single account, without needing to make multiple transactions throughout the year.
Flexibility: Contribute a wide range of assets, including cash, stocks, or other securities, and recommend grants to nonprofits like Meals on Wheels Collin County at any time.
Simplified Record-Keeping: DAFpay provides one consolidated record for all your charitable contributions, making tax reporting easier.
Strategic Giving: You can invest your DAF funds, potentially growing them tax-free, allowing for larger future donations.
Legacy Building: Create a lasting philanthropic impact by involving family members in charitable decisions or by establishing a succession plan for future generations to continue your giving.
Privacy Options: Choose to make anonymous donations, keeping your personal information confidential if preferred.
Steps to giving through your
Donor Advised Fund
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Click the DAFpay Link:
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Log in to Your DAF Account
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Recommend a Grant:
Choose the donation amount and recommend a grant to Meals on Wheels Collin County. -
Submit Your Donation:
Review and submit your grant recommendation.
That’s it! You’re done and will receive confirmation once your donation is processed.