Donor Advised Fund
Simplify Your Giving
A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Akron Children's Hospital and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Take Action! Visit Your Fund
1. Recommend a grant
2. Impact Akron Children's
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You can also create a lasting legacy by naming Akron Children's Hospital the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
Still learning about DAFs? Discover the ease of opening a donor advised fund—plus the advantages you’ll enjoy—with your FREE guide One Stop Giving: The Convenience and Simplicity of Donor Advised Funds.
Get More From Your DAF
Ensure you’ve made the most of your donor advised fund—for your family and for Akron Children's. Download the FREE guide Maximize the Impact of Donor Advised Funds.View My Guide
An Example of How It WorksWatch How it Works
Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They establish a $25,000 donor advised fund with a community foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants for Akron Children's (which they’ve supported for years) and a local animal shelter. The foundation presents the charities with checks from the Patricia Fund, which Joe and Laura named in honor of Laura’s mother. They name Akron Children's as the beneficiary to receive the account balance after their lifetimes. Joe and Laura are delighted to start this personal legacy of giving.
- If you already have a fund, use our tool Take Action! Visit Your Fund to connect. No fund yet? Get our free guide.
- Contact Maureen Gaffney Katanic at 330-543-8343 or firstname.lastname@example.org to discuss using your donor advised funds to support Akron Children's and our mission.
- Seek the advice of your financial or legal advisor.
- If you include Akron Children's in your plans, please use our legal name and federal tax ID.
Legal name: Akron Children’s Hospital Foundation
Address: One Perkins Square, Akron, OH 44308
Federal tax ID number: 23-7114013
Not Sure How to Begin Planning?Download My FREE Personal Estate Planning Kit
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.