Donor-Advised Funds
Supporting farmland preservation through a Donor-Advised Fund is easy.
If you already have a Donor-Advised Fund, you can give your Fund provider the following information:
Connecticut Farmland Trust
77 Buckingham Street, Hartford, CT 06106
Federal Tax ID#: 32-0007171
What are Donor-Advised Funds?
A Donor-Advised Fund (DAF) is an investment account for the sole purpose of supporting charitable organizations you care about.
DAFs are becoming increasingly popular as a smart way to manage your philanthropy.
- DAFs are created by transferring funds into a community foundation or a commercial investment account provider like Fidelity or Vanguard, they allow you to set aside funds for charitable giving in advance.
- Some people find it is a great way to strategically establish a charitable giving fund that they control while reducing their income tax exposure. It allows you a tax deduction now, and the flexibility of what charities you want to support in the future — and whatever level you want. Decisions on which charities will receive the funds can be made right away or over time.
- A DAF gift is easy to do. You can donate to Connecticut Farmland Trust and therefore maximize your tax benefits. You can provide a one-time or recurring gift.
Questions?
To clarify next steps, please contact your financial advisor and Michelle Gittlen at [email protected] or 860-247-0202, ext. 224.
We will be happy to help you.
