Donor-advised funds, Stock Donations and IRA Distribution

Donor-Advised Funds
Put Your Charitable Dollars to Work!

Invest in For Pete’s Sake Cancer Respite Foundation! A Donor-Advised Fun, or DAF, allows you as a donor to receive an immediate tax deduction and then recommend grants from the fund over time. You can contribute to the fund as frequently as you would like and recommend grants to FPS when it makes sense! You become a “donor advisor” and retain advisory privileges over the investment allocation for the DAF.

Donations from a DAF can be made to any charitable organizations that are listed as tax-exempt under Internal Revenue Code (IRC) Section 501(c)(3) and public charities under IRS Section 509(a). Grants can also be made to private operating foundations or state or local government organizations qualified to receive tax-deductible charitable contributions.

Stock Donations:

To make appreciated securities and stock transfers simple, we are sharing below our account information for your financial advisor’s use. Some of our initiatives have restricted program gifts, so if this is an interest to you, please contact Danielle Coyne  at danielle@takeabreakfromancer.org so you can discuss your intent.

Stock Donation Instructions

FPS maintains an account with Charles Schwab & Co., Inc. To ensure we are able to match your gift to you and send you a receipt, please email Danielle Coyne at danielle@takeabreakfromancer.org with the following information upon initiation of your stock transfer:

  1. Name of Stock Owner
  2. Name of Stock Transferred
  3. Number of Share Transferred
  4. Anticipated Date of Transfer

The following information is needed for your stock transfer:

Financial Institution: Charles Schwab & Co., Inc. DTC Number: 0164, Code 40 FFC: For Pete’s Sake Cancer Respite Foundation Account #: 6229-2377

IRA Distribution:

For Pete’s Sake Cancer Respite Foundation qualifies as a charitable organization eligible to receive a Qualified Charitable Distribution (QCD).  The QCD allows you to make a charitable donation via a direct transfer from your IRA.  Making a QCD is as simple as contacting your investment advisor and instructing them to transfer your Required Minimum Distribution (RMD) directly to For Pete’s Sake Cancer Respite Foundation.