Donor-Advised Funds

What is a donor-advised fund?

A donor-advised fund, or DAF, is essentially a charitable savings account, which gives you the flexibility to recommend how much and how often money is granted to Northside Hospital Foundation and other charities.

You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. In return, you receive an immediate federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location. In addition, you eliminate the cost and complexities of managing a private foundation.

In order to take deductions when you prepare your 2017 taxes in the coming months, you must give by December 31st.

Make a donation from your donor-advised Fund.

Do you have a family foundation, community foundation fund or a personal donor-advised fund?

You can designate annual or quarterly gifts in support of a Northside Hospital Foundation fund. Use the widget to the right, or contact your fund manager to make a donation. For more information, please email delane.cope@northside.com or call 404.851.6756

To set up a donor-advised fund or add the Northside Hospital Foundation as a beneficiary through your donor-advised fund or IRA funds, contact your investment company manager directly.

Ways To Give

Securities & Mutual Funds

When investment values are up, many donors strategically choose to give appreciated securities, taxable IRA funds (age 70 1/2 or older), and mutual funds/stocks for the tax benefits. Securities owned for a year or more are eligible for tax deductions for the full current value of the donated securities, not the lesser amount paid for them. In addition, they are not subject to the capital gains tax that they would be if the securities were sold and proceeds were donated as cash.

Securities, such as stocks, bonds, and money market instruments, should be initiated by your broker insufficient time to clear before the close of business on December 29. If you decide to give a gift in the form of a security to the Northside Hospital Foundation, please contact delane.cope@northside.com for our broker contact information to ensure that the transaction occurs smoothly and in a timely manner.

Checks

Please be sure your check is dated and your envelope is postmarked on or before December 31.  You will receive a confirmation letter regarding your gift.

Kindly send checks to Northside Hospital Foundation: 3400-C Old Milton Pkwy, Suite 170 Alpharetta, GA 30005

Online

Give online at https://give.northside.com/ways-to-give/donate/.  Donations made by 11:59 p.m. ET on December 31, 2017, will count in the 2017 tax year. You’ll receive an email confirmation of your online gift.

Examples of donor-advised funds: