Make a donor-advised fund gift
A donor-advised fund (DAF) allows you to make a charitable contribution, receive an immediate income-tax deduction, and then recommend grants from fund over time.
A DAF is like a charitable savings account: You contribute to the fund as frequently as you like and then recommend grants to your favorite charity when you’re ready.
This type of giving program provides you with the flexibility to support the fiber art community through Handweavers Guild of America while enjoying some favorable tax benefits. It's a great way to simplify your charitable giving while helping inspire and educate.
Your support inspires fiber artists
When you recommend a gift to Handweavers Guild of America through your donor-advised fund, you're providing the crucial funding to expand our work educating, supporting, and inspiring the fiber art community.
When you donate your appreciated stock, mutual funds, or bonds to the Handweavers Guild of America, we sell your gift and use the proceeds for supporting the fiber arts.
Enjoy the tax benefits of a DAF while helping the fiber art community
DAFs allow you to avoid the administrative and legal burdens of forming a private foundation while preserving the joys of charitable giving.
Your DAF contributions are immediately tax-deductible, and any investment growth in the DAF is tax-free. It’s also easy to donate long-term appreciated securities, which eliminates capital gains taxes and allows you to support multiple charities from one block of stock. You receive one tax receipt.
DAFs are flexible because the timing of your tax deduction is separate from your charitable decision-making.
The DAF sponsor handles all record-keeping, disbursements, and tax receipts. The DAF manager also takes care of vetting and qualifying charities. All you have to do is dictate where to send the checks.
There are two standard fees sponsoring organizations collect from DAF holders: an administrative fee, which varies relative to the DAF balance and covers the costs of processing transactions and providing donor support, and an investment fee, which is a mutual fund fee based on how the funds are invested.
Together, these fees range from 1% to 2.5% of the DAF balance, depending on the sponsoring organization, the type of DAF, and how aggressively DAF holders choose to invest their accounts.
Making your donor-advised fund gift
Through your donor-advised fund, just ask your financial adviser to designate a gift to Handweavers Guild of America.
When you make a gift to Handweavers Guild of America through your donor-advised fund, we do not receive any information that identifies you as the donor. To ensure that you receive a proper acknowledgement, please let us know about your gift. If you have a DAF and are making Handweavers Guild of America a recipient of a grant, please be sure to let us know so that we can thank you.
Questions? Please contact a member of the staff at 678-730-0010 or HGA@WeaveSpinDye.org.
Leave a woven legacy
Planning your gift today will make a difference for the fiber art community for years to come, making you a Forever Friend.
The gifts of Forever Friends provide inspiration and support for fiber artists long into the future.
Becoming a Forever Friend