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    • A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities or other assets to a donor-advised fund at a public charity, like Fidelity Charitable, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth and you can recommend grants to any IRS-qualified public charity.

    BENEFITS:

    • You make an irrevocable contribution of personal assets.
    • You immediately receive the maximum tax deduction that the IRS allows.
    • You name your donor-advised fund account, advisors, and any successors or charitable beneficiaries.
    • Your contribution is placed into a donor-advised fund account where it can be invested and grow tax free.
    • At any time afterward, you can recommend grants from your account to qualified charities.

    HOW IT WORKS:

    1. Using the tool to the right, establish your DAF by making a tax-deductible donation to a charity of your choice. Note: the charity must sponsor a DAF program.
    2. Choose how your money gets invested.
    3. Recommend grants to the charity of your choice. If you are with Fidelity Charitable, Schwab Charitable, or BNY Mellon, you can recommend a grant to The Oscar Mike Foundation. If your DAF is not listed, contact the host directly to recommend a grant.

    If you have any questions, please email us at foundation@oscarmike.org 
    Thank you for believing in the our mission to get Oscar Mike.