Donor-advised funds (DAFs) make it easy to dedicate funds that support your favorite nonprofit organizations. This is a convenient way to make a meaningful, tax-efficient contribution to the Evans Scholars Foundation. DAFs allow you to give cash, stock and other assets and receive a tax deduction. Then you can use the fund to grant specific amounts to the Evans Scholars Foundation over time.
Establish your DAF by making an irrevocable, tax-deductible donation to a financial company that operates a DAF program, like Vanguard, Fidelity or Schwab Charitable. Determine the investment allocation of the donated assets, and recommend grants to the Evans Scholars Foundation whenever you wish to make a gift.
DAFs cannot be used to pay for tickets to fundraising events, galas or auctions if the cost of the ticket is not fully tax deductible. Specifically, DAF grants cannot be used to pay the tax-deductible portion of a ticket if the full cost includes both a tax deductible and non-deductible portion. Additionally, grants may not be used to pay for items or services purchased or won at a charity auction.
If you have already created a Donor Advised Fund and would like to make a gift in support of the Evans Scholars Foundation, please follow these instructions:
- Contact your DAF administrator and recommend a gift in support of the Evans Scholars Foundation (Federal Tax ID No. 36–2518129).
- Wire funds to:
120 South LaSalle Street
Chicago, IL 60603
- Or, remit checks to:
Evans Scholars Foundation
2501 Patriot Blvd.
Glenview, IL 60026
Please include your name in the memo section
- ABA number 071006486
- Account Number 0001394118
We encourage you to consult with your legal and financial advisors regarding your personal tax situation. If you have questions, please contact Dan Niemiec at