What Is a Donor-Advised Fund?
A Donor-Advised Fund (DAF) is a simple, flexible, and tax-efficient way to support nonprofits like Plains Art Museum. Think of it as a charitable giving account that allows you to make a contribution, receive an immediate tax deduction, and then recommend grants from the fund over time.
Many donors find DAFs to be a powerful tool for strategic giving—especially when they want to support the causes they care about for years to come.
Benefits of Giving Through a DAF
- Immediate Tax Deduction: Receive a charitable deduction when you contribute to your DAF.
- Flexibility: Recommend grants at your convenience—no pressure to give all at once.
- Simplicity: DAF providers handle the administration, recordkeeping, and tax receipts.
- Privacy: You can choose to remain anonymous or be recognized publicly.
- Legacy Planning: DAFs allow you to involve your family in philanthropy and carry your values forward.
How to Recommend a Grant to Plains Art Museum
You can recommend a grant from your DAF to support exhibitions, education programs, or community initiatives. Here’s how:
- Contact your DAF provider (e.g., Fidelity Charitable, Schwab Charitable, Vanguard Charitable, or a community foundation, such as the FM Area Foundation).
- Request a grant to: Plains Art Museum PO Box 2338 Fargo, ND 58108 EIN 41-1260780 Contact Megan Even, Director of Development at meven@plainsart.org or 701-551-6122
- Notify us of your gift so we can ensure proper acknowledgment and recognition (if desired).
Why Your DAF Gift Matters
- Your support through a DAF helps sustain:
- Free access to the Museum for all visitors
- Arts education for local schools and underserved communities
- Dynamic exhibitions that inspire, challenge, and connect
- Artist residencies that nurture creative expression
Make Art Part of Your Philanthropic Plan
Whether you’re passionate about expanding arts education, uplifting local artists, or making the arts more inclusive, a gift from your DAF can help make it possible.
Questions? We’re happy to work with you or your financial advisor to ensure your gift aligns with your goals. Contact: Megan Even, Director of Development at meven@plainsart.org or 701.551.6122