A young CRC couple, David and Amanda, felt convicted to follow the biblical model of tithing ten percent of their income. Because of this commitment they set up automatic withdrawals to a donor advised fund. Their fund works like an investment for the charities they care about and qualifies for tax receipts. Regardless of your age, the amount you tithe, and your financial status a donor advised fund may be a great way for you to plan your giving.
A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to CRCNA and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Consider leaving a lasting legacy by designating CRCNA as the beneficiary of your entire DAF account or a percentage of it. By allocating a portion of the fund, you can create a legacy of giving, allowing your loved ones to continue recommending grants to charitable organizations in the future. Reach out to your fund administrator for a beneficiary form and make your philanthropic vision a reality.
Please consult with your bank representative or investment advisor if you are considering this gift. If you include the Christian Reformed Church in North America in your plans, please use our legal name and CRA Registered Charity Number.
