Donor Advised Funds (DAFs)

Many Cancer Research Institute donors choose to give through Donor Advised Funds.

In the realm of philanthropy, Donor Advised Funds (DAFs) have emerged as a pivotal tool for individuals and organizations aiming to make a lasting impact. We’ve witnessed a growing trend of donors utilizing DAFs to support our mission of conquering cancer through innovative research. This method of giving not only facilitates strategic philanthropy but also offers a host of benefits to donors, from tax advantages to streamlined donation management.

A New and Easy Way to Give

What Are DAFs?

DAFs serve as philanthropic accounts where donors can contribute cash, stocks, or other assets, receive a tax receipt upon the deposit, and then advise on the distribution of those funds to their chosen causes at a pace that suits their giving strategy.

They represent a modern approach to philanthropy, allowing donors to contribute to a fund at a sponsoring organization, which is often a nonprofit financial institution. This arrangement offers the flexibility to recommend grants to charities over time while immediately benefiting from tax deductions.

Strategic Advantages of Using DAFs

DAFs offer several strategic advantages that make them an attractive option:

Immediate Tax Benefits: Donors receive a tax deduction in the year they contribute to their DAF, allowing for significant tax planning advantages.

Ease of Management: The administrative burden of managing charitable donations, including grant distribution and paperwork, is handled by the DAF sponsor, simplifying the giving process.

Investment Growth Potential: Funds contributed to a DAF can be invested and grow tax-free, increasing the impact of the donation over time.

Philanthropic Flexibility: DAFs allow donors to support multiple charities from a single contribution, providing a flexible approach to diversified giving.

Empowering Cancer Research Through DAFs

Choosing to direct a portion of your DAF to support CRI’s research is a powerful way to contribute to the fight against cancer. Your donation supports cutting-edge research and development in immunotherapy, offering hope to millions affected by cancer worldwide.

By recommending a grant to CRI, you become an integral part of a community dedicated to finding safe, effective treatments for cancer with the potential to save lives and change the course of cancer therapy.

How to Make a Difference

Donating to CRI through your Donor Advised Fund is straightforward:

For Other DAF Sponsors: If your DAF is hosted by another financial institution or charity, please contact them directly to recommend a grant to CRI. Our team is happy to assist with any information you may need to facilitate your donation. Contact CRI today.
For Holders of DAFs with Major Sponsors: If your account is with Fidelity Charitable, Schwab Charitable, Greater Kansas City Community Foundation, or BNY Mellon, you can use the DAFDirect widget provided below to process your gift securely.

Your contribution through a Donor Advised Fund goes beyond financial support; it signifies a commitment to innovative cancer research and a belief in the potential of immunotherapy to revolutionize cancer treatment.

Every dollar donated fuels our scientists’ work, enabling breakthrough discoveries and the development of new therapies that offer hope to patients and their families.

Join Us in Making a Difference

We invite you to consider CRI when directing grants from your Donor Advised Fund or if you are setting up your DAF. Together, we can propel cancer research and make a lasting difference in the lives of those affected by cancer.

DONATE NOW

Donate by Wire Transfer

WIRE TRANSFER INSTRUCTIONS

Company Name: Cancer Research Institute
Address: 29 Broadway, Fl 4, New York, NY 10006
Bank Name: JPMorgan Chase
Address: 1166 Avenue of the Americas, Fl 20. New York, NY 10036
Contact Name: Jinal Choksi
Contact Phone Number: 212-623-1250
Routing Number (for Domestic wire): 021000021
Swift Code (for International wire): Chasus33
Account Number: 904950328
Account Type: Checking

Donate by Check

MAILING ADDRESS FOR CHECKS

Cancer Research Institute
29 Broadway, 4th Floor
New York, NY 10006-3111

Have questions or need assistance with making a donation?
Please contact Rupinder Kaur at 212-792-5212 or [email protected].

Frequently asked questions

Who can donate to CRI?

Anyone who has an interest in helping to advance the fight against cancer is encouraged to donate to CRI. Individuals can make cash donations and also include CRI in their estate planning or planned giving. Corporations and foundations also can make donations.

Are there tax benefits for donating to CRI?

CRI is a 501(c)(3) charitable organization, so your donations are deductible for federal or state tax purposes as allowed by law. Planned giving, which can encompass bequests and gift annuities, may offer other tax or financial planning advantages as well.

Taxpayers who do not itemize their returns may receive a tax deduction of up to $300 for cash donations to 501(c)(3) nonprofit organizations. Taxpayers who itemize returns may now deduct up to 100% of their Adjusted Gross Income on cash donations. Corporations may now deduct up to 25% of taxable income. Please consult your tax advisor for more information.

How do “charity watchdog” organizations rate CRI?

We consistently earn high marks from charity watchdog organizations, including an A or higher from the American Institute of Philanthropy. We are also a proud member of the Better Business Bureau Wise Giving Alliance, the most rigorous evaluator of charity activity with 20 standards of accountability and ethical practice. We have 4 out of 4 stars from Charity Navigator, the nation’s largest and most utilized evaluator of charities; an A grade from Charity Watch; and a Platinum Participant Seal from GuideStar.