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New to First Book?
Join us to connect with thousands of fellow educators and access exciting educational events and resources for you and your students.
Millions of students in low-income communities—and the educators that serve them—lack access to the most basic books and educational resources needed to build a foundation for lifelong success.
Your Donor-Advised Fund gift will help reach more than 6 million kids in need with high-quality, diverse books and other classroom materials. $100 = 20 books. $10,000 can fill the shelves of 20 classroom libraries.
Donating from your Donor-Advised Fund is safe, easy, and fast. The donation tile on this page makes a charitable gift quick and easy:
Upon making a donation, you can elect to receive an automatically generated receipt that will be sent to the email address you provide. Grants and donations from your DAF are processed quickly and safely with The Giving Block.
I need assistance with my donation. How can I get in touch?
Thank you for your interest in supporting First Book. For more information about giving through your Donor-Advised Fund, please send us an email at DonorSupport@FirstBook.org with the subject line, “DAF Donation.”
A Donor-Advised Fund is basically a philanthropic version of an investment account, the purpose of which is to financially support nonprofit organizations that align with your heart’s passion. Cash, securities, and assets can each be donated to a nonprofit and the tax benefit realized with each deduction for the tax year in which they were given. But with Donor-Advised Funds, these contributions are held where they earn tax-free interest and thus increase in overall value until portions are granted to public charities with your recommendation. The contributions are able to be deducted from taxes immediately, even though the amount (or a smaller portion of the overall value) may not be granted to a charity during the same tax period as the contribution was made.
Donor-Advised Funds are the fastest-growing charitable giving vehicle in the United States. This is because DAFs are one of the most tax-advantageous ways to give. They’re also easy to manage.
This step-by-step process is the easiest way to describe how DAFs work.
It is important to note that all fund contributions are irrevocable. Once placed in the fund and claimed for tax purposes, they must be granted at some point to a nonprofit organization.
*Please note that the IRS prohibits the use of Donor-Advised Fund where more than an incidental benefit is received by the donor in return (e.g. event table/tickets, purchase of auction items). This prohibition applies regardless of whether the donor pays separately for the benefits received (i.e. the “non-deductible” amount). All table/ticket and auction purchases, therefore, must be funded personally outside of a Donor-Advised Fund. For further guidance, please consult with your Donor-Advised Fund administrator.