Donor Advised Funds
A Donor Advised Fund (DAF) is a way for individuals, families, or businesses to make charitable donations in a structured and flexible manner. Donors can make an initial contribution to a donor-advised fund and receive an immediate tax deduction for their contributions while retaining advisory privileges to recommend grants to support causes they care about over time. Your fund sponsor hanldes all record-keeping, disbursements, and tax receipts.
Donor Advised Funds are held at institutional organizations, like Fidelity Charitable, Schwab Charitable, National Philanthropic Trust, or Vanguard Charitable. Financial advisors frequently set them up for clients. Ask your financial advisor if you have a Donor Advised Fund.
If you’re familiar with your DAF, you can find us on your donor advised fund sponsor’s list of charities as John Clarke Retirement Center or by our EIN # 05-0382511.
John Clarke Retirement Center dba John Clarke Senior Living is a 501(c)(3) nonprofit organization and a gift from your DAF is an impactful way to support older adults and healthy aging on Aquidneck Island.
If you designate a gift from your DAF, be sure to include your name and address on the distribution so we can appropriately acknowledge it! You can also email us at donations@johnclarkeseniorliving.org and let us know you’ve designated a gift from your DAF. We appreciate you recommending grants from your DAF!