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What is a Donor Advised Fund?

Fidelity Charitable explains it best: A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities or other assets to a donor-advised fund at a public charity, like Fidelity Charitable, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth and you can recommend grants to virtually any IRS-qualified public charity (like the CC Taylor Foundation).

Grants made to CC Taylor Foundation through Donor Advised Funds can be designated for use wherever the need is greatest or aligned with thematic areas that match our supporters’ interest, such as (science, technology, engineering, arts, and mathematics) scholarships, ministerial stipends, and our Good Samaritan relief and care operations.

Clients of Fidelity Charitable, Schwab Charitable, and BNY Mellon can easily make a designation through the green DAF Direct button on this page that says “Give Now Through Your Own DAF”.  By clicking on the button on this page, your gift will be directly sent to our foundation.

Legal name: Reverend Charlie E and Cinderella S Taylor Sr Foundation

Address: P. O. Box 445, Arlington, TN 38002

Phone: 1.601.509.2635

Let’s take an in-depth look at how a donor-advised fund works.

Make a tax-deductible donation

Donate cash, stocks or non-publicly traded assets such as real estate, private business interests and private company stock and get your tax receipt. You’ll also be eligible for an immediate tax deduction. See what you can donate.

Grow your donation, tax-free

While you’re deciding which charities to support, your donation can potentially grow based on your investment preferences, making available even more money for charities.

Support charities you love, now or over time

You can support virtually any IRS-qualified public charity with money in the donor-advised fund. The public charity sponsoring your account will conduct due diligence to ensure the funds granted out will be used for charitable purposes and the grantee is an IRS-qualified public charity.