Contribute through your Donor Advised Fund (DAF)
If you’d like to contribute a donation using a DAF, you just need to reach out to your financial institution requesting that a donation be sent to the Adoptive and Foster Family Coalition of New York. They will also need our mailing address and tax ID which are listed below:
The Adoptive and Foster Family Coalition of New York
108 Main Street, Suite 5, New Paltz, New York 12561
Federal Tax ID # is 51-0194916.
Contribute through your Qualified Charitable Distribution
If you are 70 ½ or older, you may consider giving a tax-efficient gift to the Adoptive and Foster Family Coalition of New York.Â
Requirements and Restrictions apply:
- Must be 70 ½ years or older
- Must make your gift directly from your IRA account
- Gifts to all charities cannot exceed a total of $100,000 per taxpayer per year
- Gifts cannot be made to a donor advised fund, supporting organization, or private foundation.
- No charitable deduction is allowed, and it is not included in taxable income
- Gifts must come from an IRA account. Other retirement accounts (i.e. 401(k), 403(b) are not eligible)
- Charitable gift cannot provide the donor with material benefits
To make a gift please send a letter to your IRA administrator to request a direct charitable distribution to the Adoptive and Foster Family Coalition of New York, and the amount you wish to donate. The letter should include the AFFCNY’s Tax ID number: 51-0194916
Disclaimer
More information on the IRS’ website about Qualified Charitable Distribution: https://www.irs.gov/publications/p590b#en_US_2017_publink100041439
The information provided does not constitute legal, tax, or other professional advice and should not be relied upon as such. Always consult your own advisor before making any gift that has tax implications, particularly where your state’s income tax law may differ from the federal law.
If you have any questions, please call or e-mail Pat O’Brien at 646-688-4321 or pat@affcny.org.