Where can I find a copy of your 501C3 Letter? A copy of our organization’s IRS Determination Letter can be obtained by emailing the American Obesity Association at email@example.com
What is the American Obesity Association’s EIN (Tax) Number? 04-3215778
How can I get a Tax acknowledgement letter for a gift that was made? For donations made online, you will receive an email receipt that functions as tax acknowledgement within a few minutes of completing the transaction. If you have not received it, please check your spam or junk folder.For donations made by check or credit card (by mail), an acknowledgement letter will be sent by mail for all donations of $5 or more. Due to COVID-19 and USPS delays, acknowledgement letters may take up to four weeks to be received.
Otherwise, you can request a reprint of your acknowledgement letter here by contacting firstname.lastname@example.org with your name, address, and the date and amount of your contribution.
What is a Donor Advised Fund? A Donor Advised Fund is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities.
What is a Donor Advised Fund? A Donor Advised Fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.
How does it work?
Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program.
Advise the investment allocation of the donated assets (any investment growth is tax-free)
Recommend grants to qualified public charities of your choice
What are the main advantages of a Donor Advised Fund?
Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts
Flexibility – Timing of your tax deduction can be separate from your charitable decision making
Tax-Efficiency – Contributions are tax deductible and any investment growth in the DAF is tax free. It is 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 to continue a tradition of family philanthropy.
No start-up costs – There is no cost to establish the Donor Advised Fund. However, there are often minimum initial charitable contributions to establish the DAF. (Please seek the advice of a qualified Financial Advisor)
No Transaction Fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice
Privacy if Desired – Donors may choose to remain anonymous to the grant recipient
An individual or entity makes an irrevocable contribution to a sponsoring charitable organization to establish a Donor Advised Fund. This person becomes a donor-advisor.
The sponsoring organization allocates the charitable contribution to the Donor Advisor’s DAF. The donor advisor has the opportunity to name the DAF
The donor advisor retains advisory privileges over the disbursements made from the DAF. Since the assets in the DAF belong to the sponsoring organization, any investment growth is tax-free. The investment options available vary by sponsoring organization.
The donor-advisor has advisory privileges over the disbursements made from the DAF. The disbursements are recommended by the donor-advisor but must meet the grant making criteria of the sponsoring organization. Typically, disbursements may only be recommended to IRS qualified public charities exclusively for charitable purposes. Additionally, the donor may not receive any more than incidental benefits as a result of the disbursement.
Once the sponsoring organization approves the recommended disbursement, the gran is made to the qualified charitable organization.
How can I include my employer in a donation?
Did you know you may be able to double you support to the American Obesity Association (AOA) in just a few steps? Many corporations match their employees’ charitable contributions and/or provide grant funding to the organizations their employee’s support.
8. What are employee matching gift programs?
Employee matching gift programs are corporate giving programs in which the company matches donations made by employees to eligible nonprofit organizations. It is an easy way to double the impact of your giving.
9. What are volunteer grant programs?
Volunteer grant programs are corporate giving programs in which companies provide monetary donations to organizations when employees volunteer regularly. If you volunteer with us, it is an easy way to provide us with additional financial support.
10. How do I request a matching gift or volunteer grant?
Requesting a matching gift or volunteer grant funds is a quick process that must be initiated by you (the donor/the volunteer). Some employers require you to fill out and submit a paper form, while others have electronic submission process. Contact your Human Resources or Corporate Social Responsibility team for more information.