Donor Advised Funds
Support Connection is an independent 501(c)(3) not-for-profit organization that depends on donations to fund our free, year-round breast and ovarian cancer support services and programs.
We do NOT receive funding from Relay for Life, Making Strides, American Cancer Society, Susan G. Komen, or any other national cancer organizations.
A Donor Advised Fund is a financial tool that will enable you to donate to Support Connection while gaining tax benefits for yourself.
We recommend that you consult with your financial advisor for specifics regarding Donor Advised Funds, tax laws, etc.
To help you get started, here are a few of the most frequently asked questions about Donor Advised Funds:
What is a Donor Advised Fund?
A Donor Advised Fund is an account, set up by individuals, families, businesses or foundations, that is used to make donations to the charitable organizations of their choice. It is like a charitable savings account.
How will a Donor Advised Fund benefit me?
When you contribute to your Donor Advised Fund, you will immediately receive the maximum tax deduction as allowed by the IRS. All funds in your Donor Advised Fund will be invested and will grow over time, tax free. The funds will be administered by the institution you have chosen for your Donor Advised Fund.
What would I contribute to a Donor Advised Fund?
The initial minimum contribution to start a Donor Advised Fund is $25,000. Additional contributions can then be made over time. The contributions are irrevocable, and can be any personal assets (cash, stock, real estate, etc.)
How can I use a Donor Advised Fund to donate to Support Connection?
When you have a Donor Advised Fund, you can recommend contributions (“grants”) to the qualified charitable organizations of your choice. Support Connection is an IRS-qualified tax-exempt 501 (c) (3) organization.
Where is a Donor Advised Fund set up?
A Donor Advised Fund can be set up with many financial services institutions, as well as community foundations and other charitable organizations.
How can I learn more about Donor Advised Funds?
Consult with your financial advisor or banking institution to learn how to start a Donor Advised Fund, as well as other details about how they are administered.
The Impact Of Your Donation
When you give to Support Connection, you are making a positive difference in the lives of people affected by breast and ovarian cancer.
Support Connection has earned Guidestar’s Platinum Seal of Transparency, the highest rating they bestow. Support Connection is also a Top-Rated Nonprofit. To learn more, and to read reviews filled with words of gratitude from people we’ve helped, visit Guidestar and GreatNonprofits. Learn why Support Connection is a good choice for your donation dollars.