Contributing to FFCR

from your Donor Advised Fund (DAF)

Thank you for considering Florida Foster Care Review (FFCR) as the recipient of a grant from your Donor Advised Fund (DAF). To ensure that FFCR is able to accept your gift, please see below our understanding of the current IRS guidelines regarding DAFs and grants/gifts to non-profit organizations. Please note that this is being offered for informational purposes only; please consult your accounting professional for tax advice.

As an active organization with a 501(c)(3) designation and classified by the IRS as a public charity, FFCR is qualified for grant support from DAFs.

A grant from a DAF may not produce more than an incidental benefit to the donor. Benefits that are more than incidental include the payment of pledges, event tickets, meals, sponsorships, registration fees, discounted merchandise, preferred parking and/or seating and memberships (unless the membership confers nothing of value).

Grants from DAFs may cover event sponsorships under the following circumstances if the sponsor/donor pays for the entire ticket price (both the tax-deductible and non-tax-deductible portion) from their personal bank account. The remaining sponsorship costs may be by a grant from a DAF, as long as the donor does not receive more than an incidental benefit in return. Logo or name recognition in event materials is not considered more than an incidental benefit.

For example: A $10,000 event sponsorship includes a table for 10 with the donor’s name or logo in event materials. The individual ticket price for the event is $500/ticket, so the donor must pay $5,000 from the donor’s personal bank account ($500 × 10 seats at the table) and may grant $5,000 from their DAF to cover the remaining cost of the sponsorship.

If a donor chooses not to accept any benefits associated with a sponsorship, the entire amount may be paid by a grant from a donor-advised fund.

For example: A donor could sponsor the event, not attend, and pay fully out of the DAF; A donor could sponsor the event using DAF funds and attend by purchasing a full-price individual ticket through non-DAF funds. A donor could sponsor the event, join the event as a guest of another sponsor, and pay fully out of the DAF.

Raffle tickets or auction items cannot be paid by grants from donor-advised funds, because the donor cannot receive any personal benefits.

Donor-advised fund grants may support fund-a-need calls for outright donations at charitable events.