Giving
Ways to Give

Donor-Advised Funds (DAFs)

Donor-Advised Funds (DAFs)

Benet Academy gladly accepts gifts from Donor-Advised Funds (DAFs), a flexible way for supports to maximize their impact while achieving personal and philanthropic goals.

To make a gift to Benet Academy through your DAF, you may need the following information:

TAX ID: 36-2169565

Mailing Address: 
Benet Academy
Attn: Advancement Office
2200 Maple Avenue
Lisle, IL 60532

List of 4 frequently asked questions.

  • What is a Donor-Advised Fund (DAF)?

    A DAF is a chartable investment account that allows you to support organizations like Benet Academy over time. Here's how it works:

    1. Contribute to the DAF: Donate cash, stocks, or other assets to a sponsoring organization (financial institution or community foundation). Contributions are immediately tax-deductible.
    2. Invest and Grow: Your contribution can grow tax-free, increasing the impact of your gift.
    3. Recommend Grants: Decide when and how to distribute funds to Benet Academy—either as a one-time gift or recurring support.

    The sponsoring organization manages the investment, administration, and grant distribution.
  • Benefits of Using a DAF to Support Benet Academy

    • Immediate Tax Deduction: Contributions are deductible the year they are made.
    • Avoid Capital Gains Taxes: Donations of appreciated assets maximize the value of your gift.
    • Grow Your Charitable Impact: Investments can increase the funds available to support students and programs.
    • Simplicity and Convenience: The sponsoring organization handles all administration.
    • Flexibility: Distribute funds over time or plan giving strategically.
    • Optional Anonymity: Grants can be made anonymously if preferred.
  • How to Give to Benet Academy Through a DAF

    1. Choose a Sponsoring Organization: Options include Fidelity Charitable, Schwab Charitable, Vanguard Charitable, and community foundations.
    2. Make Your Contribution: Give cash, stocks, or other assets to your DAF.
    3. Receive Your Tax Deduction: Eligible immediately in the year of contribution. 
    4. Recommended Grants to Benet Academy: Log in to your DAF account to direct your gift.
    5. Stay Involved: Add to your fund, recommend future grants, and monitor your impact.
  • Why Give Through a DAF?

    Using a DAF to support Benet Academy provides a flexible, strategic way to invest in students' futures. Your gift helps fund scholarships, programs, and initiatives that transform the lives of every Redwing, today, and for generations to come.