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Giving Through a Donor Advised Fund

A Donor-Advised Fund (DAF) is a simple, flexible and tax-efficient way to support charitable organizations, such as the MJHS Foundation. It functions like a charitable giving account, established through a sponsoring organization—such as a community foundation or financial institution like Fidelity Charitable, Schwab Charitable, or Vanguard Charitable—for the sole purpose of benefiting not-for-profit organizations.

You can contribute cash, stocks, or other assets to your DAF and receive an immediate tax deduction. Those funds are then invested for tax-free growth, allowing your charitable dollars to go further. Instead of donating directly to MJHS Foundation, you contribute to your DAF first—then, at any time, you can recommend grants to MJHS or other eligible charities, aligning your giving with your values and timing.

How a Donor Advised Fund Works

  • Establish your fund by making an irrevocable, tax-deductible contribution of cash, stocks, real estate, or other assets to a sponsoring organization.
  • Receive an immediate tax deduction and a tax receipt when your contribution is made.
  • Invest and grow your fund tax-free, increasing the potential impact of your future giving.
  • Retain advisory privileges over how the funds are invested and when grants are distributed.
  • Recommend grants—single or recurring—to MJHS Foundation to support compassionate care.
  • Once approved, the sponsoring organization sends the grant directly to your chosen charity.

What It Means to “Recommend a Grant”

It’s called a “recommendation” because technically, the sponsoring organization owns and manages the fund. While the sponsoring organization legally owns and manages the fund, you retain the ability to recommend how and when grants are made. The process is simple:

  • Log in to your DAF account
  • Select MJHS Foundation
  • Specify the amount you’d like to give
  • The sponsoring organization reviews and processes the grant.

Donor-advised funds are among the fastest-growing charitable giving vehicles because they combine convenience, flexibility and financial benefits—all while helping organizations like MJHS Foundation deliver comfort, dignity and compassionate care. If you are interested in making a gift of stocks or securities, please contact us. Our team is happy to provide guidance and assist you through the process.

Important Note

MJHS Foundation does not intend to provide financial or legal advice. This information is for educational purposes only. It is always advisable to consult your lawyer or financial advisor when considering a donor-advised fund or any other planned giving option.