Overview of Donor Advised Funds

Support climate resiliency and save on your taxes by directing a grant from your Donor Advised Fund to Daily Acts. You can set up a DAF through your financial advisor or check with the Community Foundation of Sonoma County.

Overview of Stock Donation

The following information will assist you and/or your client in completing a transfer of securities to Daily Acts:

  • Transfer stock to Edward Jones, account number 4021830015
  • For electronic stock transfers, the (DTC) number is 0057
  • We are a 501(c) 3 nonprofit organization, tax identification number (FEIN) 20-3851259

For any questions about stock transfers, please contact our Edward Jones representative, Mark P. Dunn at (707) 576-1518.

To notify Daily Acts of your intention to make a stock transfer or if you have any questions, please don’t hesitate to contact Deb McClellan at [email protected], or give us a call at (707) 789-9664.

Overview of Qualified Charitable Distribution (QCD)

A qualified charitable distribution (QCD) allows IRA holders, age 70 ½ or older, to donate to a qualified charity from their Traditional or Roth IRA (including inherited) tax-free.

Requirements:

  • The donating IRA holder must have attained age 70 ½ on or before the date the QCD check is issued. If an inherited IRA, the beneficial owner must have attained age 70 ½ or older.
  • The funds must be issued directly to a qualified charity from a Traditional or Roth IRA. Daily Acts is a qualified charity with a 501c3 determination.
  • The donor cannot receive any benefit from making a QCD and the QCD cannot be deposited by the charity into a donor advised fund.
  • The amount cannot exceed $100,000 annually, per donor.
  • Checks must be issued by December 31st in order to apply to the current calendar year. If a Money Market check is written, it will apply to the year in which it is cashed by Daily Acts Organization.

Best Practices:

  1. Consult your tax professional to ensure it is in your best interest to complete a QCD and your distribution qualifies.
  2. Notify the charity (Daily Acts Organization) they will be receiving a check from you and obtain the following important details:
  3. Checks should be made payable to: Daily Acts Organization
  4. Mailing Address :
    P.O. Box 293
    Petaluma, CA 94953
  5. Email [email protected] so we can issue you a receipt to you, upon receiving the funds
  6. Contact your Financial Advisor to request the funds be issued from your Traditional or Roth IRA as a QCD to Daily Acts.
  7. If you do not hear from us (Daily Acts), follow up 7-10 business days after the check is issued. Verify we received the funds and have mailed a receipt to you
  8. After obtaining the receipt from Daily Acts, mail a copy to your tax professional and keep the original with your permanent tax records.