DAF (Donor Advised Funds)
Your DAF simplifies your family’s annual giving to the charities of your choice.
Clarion West has served speculative fiction’s emerging writers for over 40 years! A DAF can help ensure your support goes even further. DAFs are more flexible and less cumbersome than establishing a foundation, and offer a number of tax incentives for you and your children to continue your legacy of supporting the literary arts.
Your support of our mission allows us to continue offering developmental programming and instruction to the next generation of speculative fiction’s literary icons in a time where it can be hard to dream. Clarion West pays writers as speakers and instructors in a time when employment is unstable, and their work is devalued. Through our author events, we connect writers and readers in community around speculative fiction as the luminary genre it can be in dark times.
Using a DAF to Support Clarion West
Once your Donor Advised Fund (DAF) is established, making Clarion West a beneficiary of your grant is easy! Use this form (or select DAFpay on any of our other active donation forms) to make your grant securely, or scroll down to learn more about how to get set up.
What Is A DAF (Donor-Advised Fund)?
A tax-advantaged charitable giving account.
DAFs are often compared to a 401(k) for retirement savings or a Health Savings Account (HSA) for healthcare. Gifts made through DAFs are referred to as “grants”. You contribute cash or assets to your DAF, get the tax benefit upfront, invest the balance in the market, and make grants out to nonprofits over time.
Any person, couple, family — or even a company — can open a DAF account at more than 1,150 providers around the country. DAFs are offered by community foundations, charitable affiliates of financial institutions, national independent providers, and cause-specific entities.
DAFs have surged in popularity in recent years because they’re incredibly effective at increasing giving capacity and streamlining philanthropy — for donors big & small.
All DAFs are hosted by a tax-exempt 501(c)(3) nonprofit (often affiliated with a financial or technology company), which makes the tax benefits possible when you contribute.
Why DAFs?
The short version is that recent changes at the federal level (namely the OBBBA) have impacted charitable giving in ways that limit tax incentives for donors. DAFs are exempt from these changes. For the long version, check out this explainer.
How To Set Up Your Donor-Advised Fund
We’ve made it easy to initiate your grant recommendation. If you have an account at one of these popular charitable sponsors, grant today to our Federal EIN: 91-1352168 or contact your preferred banking institution for recommended DAF hosts.
More Ways to Contribute to Clarion West
Contact Us to learn more about financially supporting Clarion West through DAFs, sponsorship, planned giving, gifts of stock, and more!
Clarion West is a nonprofit 501(c)3 literary organization known for its acclaimed six-week residential workshop, online and in-person classes, courses, and intensives for speculative fiction writers, as well as community, reader, and author engagement events throughout the year. All donations to Clarion West are tax-deductible to the extend permitted by law. EIN# 91-1352168
