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Donor advised funds (DAF)

A donor-advised fund (DAF) is a centralized charitable account that enables charitably-inclined individuals, families, and businesses to make tax-deductible charitable donations of cash, publicly-traded stock, and in some cases certain illiquid assets to a public charity that sponsors a DAF program. These types of accounts have become very popular and offer a number of tax and planning benefits.

How does it work?

  1. Establish your DAF by making an irrevocable, tax deductible donation to a public charity that sponsors a DAF program. You will have the ability to advise on investment allocation and charitable distributions. Investment growth is tax free.
  2. Recommend charitable distributions in the form of grants to the IEEE Foundation and make arrangements for account distribution upon your passing. 
  3. If you are with Fidelity Charitable, Schwab Charitable, Greater Kansas City CF, or BNY Mellon you can recommend a grant to the IEEE Foundation using DAF Direct. The designation field allows you to indicate if your gift is in honor/memory of someone or if it is for general/program support. This is not a required field.
  4. If your DAF is not listed, please contact the host of your DAF directly to recommend a grant.
DAF Direct

For more information, or to hold a confidential discussion, please contact:

Rich Allen
Senior Campaigns Manager 
IEEE Foundation
445 Hoes Lane
Piscataway, NJ 08854, U.S.A.
Phone: +1 732 465 5871
e-mail: Richard.Allen@ieee.org

Legal Name
IEEE Foundation, Incorporated

Employer Identification Number (EIN):
23-7310664. 

IEEE Foundation

IEEE Development Office
445 Hoes Lane
Piscataway, NJ 08854, U.S.A.
Phone: +1 732 465 5871
Email: donate@ieee.org

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