For your tax purposes, all financial contributions are tax deductible to the fullest extent allowed by law.
Beverly Bootstraps' Tax ID Number is
DONOR ADVISED FUNDS
Donor Advised Funds (DAFs) are a centralized vehicle for charitable giving that makes it easy for donors to dedicate funds to support their favorite nonprofit organization. They also provide an operationally convenient and tax-efficient method for donors to manage their charitable giving.
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 grant specified amounts to the charities of their choice at a later time.
If you have a Donor Advised Fund, DAF Direct enables you to recommend grants to the Beverly Bootstraps, directly from your DAF (as long as your DAF’s sponsoring organization is participating).
How does it work?
1.) Establish your DAF by making an irrevocable, tax deductible donation to a public charity that sponsors a DAF program.
2.) Advise the investment allocation of the donated assets (any investment growth is tax free).
3.) Recommend grants to the charities you support, with the option of being recognized or remaining anonymous.