Give

Donor Advised Funds

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List of 4 frequently asked questions.

  • WHAT IS A DONOR-ADVISED FUND?

    A donor-advised fund (DAF) is a charitable giving vehicle provided by a brokerage firm, mutual fund company, or community foundation. Giving through a DAF is one of the most popular ways to support your favorite charities. As a giving vehicle, it combines optimum flexibility with favorable tax benefits to simplify your charitable giving.
  • WHAT ARE THE BENEFITS OF A DAF?

    There are many benefits to giving through a DAF:
    • Contributions are tax-deductible. You will be eligible for an immediate tax deduction from the sponsoring organization.
    • While you are deciding which charities to support your donation will grow tax-free, increasing the amount of money you can give to charities.
    • The DAF sponsor handles all record-keeping, simplifying paperwork for you.
    • You will eliminate capital gains taxes when you donate long-term appreciated securities to the DAF sponsor.
    • A DAF is an excellent way to create a family legacy of philanthropy.
    • If you so choose, you may remain anonymous to the grant recipient.
  • HOW DOES A DAF WORK?

    When you make a contribution to the DAF you will be eligible for an immediate tax deduction from the organization sponsoring the fund. Over time you can advise the organization on how to grant money to your favorite charities and nonprofits, such as Gould.
  • HOW DO I  MAKE A GIFT TO GOULD THROUGH MY DAF?

    Please make checks payable to Gould and mail to the following address:

    Gould Academy Advancement Office
    PO Box 860, Bethel, ME 04217

    Gould’s tax ID number is EIN- 01-0211509.
Gould is a small, co-ed, independent boarding school for grades 8-PG.  We are passionate about preparing academically motivated students for college, helping them to become independent-minded, ethical citizens who will lead lives of purpose, action, excellence, and compassion in a dynamic world.