Donor Advised Fund
How It Works
Questions and Answers
No. You may claim an income tax deduction for each year in which you make a gift to your donor advised fund, but you may not claim a deduction for the amounts the donor advised fund later distributes to ADLF or other charities.
Yes. When you recommend distributions from your donor advised fund, you’ll be able to recommend a particular use for the funds – for example, to support ADL’s educational programs. Note, however, that you may not exercise control over the use of the funds once they are in the hands of ADLF or another charity.
Your donor advised fund will be administered as a perpetual endowed fund and invested with ADLF’s endowment. Each year, you’ll be able to recommend distributions up to an amount equal to the ADLF endowment spending discipline each year (currently 3%). By creating an endowed fund, you’ll provide support for ADLF’s present and future.
The professionals at our Department of National Planned Giving, Legacy and Endowments will be happy to discuss your interests, concerns and financial options, and work personally with you and/or your legal and financial advisors to create a plan that meets your needs and supports the Anti-Defamation League Foundation.
For more information, please contact:
Director of National Planned Giving, Legacy and Endowments
Anti-Defamation League Foundation (ADLF)
605 Third Avenue
New York, NY 10158
This information is provided for educational purposes. The Anti-Defamation League Foundation and ADL are not financial, legal or tax advisors. Please contact your advisors regarding your financial, legal or tax needs.