Give from your Donor Advised Fund

A donor advised fund (DAF) is a type of giving program administered by a third party, such as a community foundation or a financial services company, that allows you to combine tax benefits with the flexibility to support your favorite charities. It is created for the purpose of managing charitable donations on behalf of an organization, family, or individual. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals. DAFs allow donors to give cash, stock, and other assets where the donor receives an immediate tax deduction when the contribution is made, but can recommend specific amounts to the charities of their choice, such as for the benefit of Dignity Health Sequoia Hospital, at a later time. 

To learn more about making a gift to support Dignity Health Sequoia Hospital using your DAF, please contact Paul Richardson at (650) 367-5657 or paul.richardson@dignityhealth.org.

In accordance with the policies of your DAF manager, in some cases it may be necessary to direct your DAF giving directly to Dignity Health Sequoia Hospital instead of to the Sequoia Hospital Foundation.  To help us advise you on how to direct your gift, please contact your DAF manager to find out to which types of nonprofit organization your DAF allows distributions be made.

 

The Sequoia Hospital Foundation is a nonprofit corporation as provided under sections 501(c)(3) and 509(a)(3) of the Internal Revenue Code.  Section 501(c)(3) recognizes the Sequoia Hospital Foundation as a charitable organization exempt from federal income tax, while section 509(a)(3) recognizes that as a “supporting organization” it is our mission to support Dignity Health Sequoia Hospital, itself a public charity.

In accordance with our 509(a)(3) “supporting organization” status, specific giving methods such as IRA rollovers must be directed by the donor to Dignity Health Sequoia Hospital instead of the Sequoia Hospital Foundation.  Similarly, some private and community foundations limit their giving to only certain types of nonprofit organizations. In these cases, sometimes gifts, including those from donor advised funds, must be directed to Dignity Health Sequoia Hospital as well. As with all giving, the Sequoia Hospital Foundation will work with donors to facilitate their gifts and to steward all gifts appropriately.

Contributions are tax deductible in accordance with state and federal regulations.