
When you give a gift to WWFA through your Donor-Advised Fund (DAF), you’ll help people in Africa receive a water well!
Five easy steps to donate through a DAF
Use the form on this page and follow these five easy steps to give through your DAF.
- Select the DAF provider and login directly to your account.
- Check your DAF account balance and enter your desired gift amount.
- Share your personal information (i.e., email and address) for your receipt records.
- Select if you would like to cover the processing fee, and leave a note or designation (if applicable).
- Hit submit and your grant donation request is complete!
Upon making a donation, you can elect to receive an automatic grant request confirmation sent to the email address you provided.
If your fund is not listed, please contact them to request a check be issued to Water Wells for Africa, PO Box 635, Manhattan Beach, CA 90267.
Either way you issue your DAF gift, we thank you!
How Do Donor-Advised Funds Work?
- Contribute Funds: Donors contribute assets (like cash, stock, crypto, or other appreciated securities) to their DAF, held by the sponsor organization (ex: Fidelity Charitable, Schwab Charitable, Charityvest). The donor gets an immediate tax deduction when they give to their DAF and their contributions are irrevocable.
- Invest Funds: These contributions are typically invested and can grow over time. The donor can often have a say in how it’s invested, giving their funds the opportunity to increase in value over time. This can ultimately provide even more funds for charitable giving.
- Recommend Funds: The donor’s funds (including any growth from investing) can then be recommended as grants to their favorite nonprofits. They get to decide who gets it, how much the grant is, and even the purpose. The sponsor organization will ensure the grant complies with IRS regulations and then distribute the funds directly to the nonprofit.
Main Advantages
Donor-advised funds provide a number of benefits that direct donations to a charity may not, including:
- Simplicity: The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
- Flexibility: Timing of your tax deduction can be separate from the time you decide to allocate a grant to your preferred charity.
- Tax-efficiency: Contributions are tax-deductible and any investment growth in the DAF is tax-free. It’s also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
- Family legacy: A DAF is a powerful way to build or continue a tradition of family philanthropy.
- Privacy if desired: Donors may choose to remain anonymous to the grant recipient.
What Can DAF Donations Do for People in Need in Africa?
DAFs provide an easy, flexible, low-cost method of giving which helps to provide clean and accessible water to people in rural, hard-to-reach places in Africa.
Please make a donation to Water Wells for Africa via your Donor-Advised Fund today!