Donor Advised Funds (DAF)
New this year – we are proud to offer Donor Advised Funds (DAF) to help boost your donations for Idaho Gives. We are excited to partner with Idaho Community Foundation and Innovia Foundation for the donor-advised funds and appreciate their support through this new process.
What is a DAF? A Donor Advised Fund is a giving vehicle that allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants from the fund over time.
How do I know if my donors have a DAF? Ask them! This is a great way to connect with donors and allow them to donate to your organization on May 2.
How do donors know that they can donate through a DAF for Idaho Gives? Easy. They can either learn from you or through communications via Idaho Community Foundation and Innovia Foundation.
Does a DAF count towards prizes on Idaho Gives? DAF’s will be considered an offline and verifiable gift and will count as a unique donor toward leaderboard prizes ONLY.
How is a DAF processed for Idaho Gives? Your donor will request a DAF through Idaho Community Foundation or Innovia Foundation, which will be processed as a donation on May 2.
Don’t see your foundation or financial institution listed? As this is a new process, we hope to offer more choices next year. For Idaho Gives 2019, our partners are Idaho Community Foundation and Innovia Foundation.
New – ACH Transfers
Also new this year is the option to donate using a direct ACH Transfer. Here’s what you’ll need to know.
- $100 minimum donation
- $3.00 flat fee per transaction plus the 2% platform fee (capped at $20)
- Offered through most major financial institutions
- Learn more about how to donate through ACH here