You can give money—and accept a tax benefit—whenever you want. And when you are ready, you can direct a gift from your fund to the cause or organization of your choice.
Open a Donor-Advised Fund With the American Brain Foundation
The American Brain Foundation offers the option to open your own donor-advised fund (DAF). Like a “community foundation for the brain,” you can open your DAF with the Foundation—then at a later date you can recommend gifts from the fund to any nonprofit organization with a connection to brain science research or education. However, you don’t have to open your donor-advised fund with the Foundation; we will accept gifts from any donor-advised fund you already have open.
How a donor-advised fund works
- You make an initial, irrevocable gift of cash or stock to fund the DAF.
- The assets in your DAF grow tax-free.
- You make recommendations on gifts to be made from your DAF.