Donor-Advised Funds

Investment in our work helps all Chicago-area communities secure equal access to quality legal representation — regardless of income or background.

A donor-advised fund (DAF) is a type of giving program that allows you to easily support your favorite charities. You may also be eligible for certain tax benefits. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals. You can make a gift to GCLC through an existing DAF by searching below, or contact

How does it work?

  1. To establish the fund, an individual makes an irrevocable tax-deductible contribution (cash, stock, real estate, etc.) to a sponsoring organization, community foundation or financial institution. Individuals receive a tax receipt and tax benefits when funds are deposited into their DAF.

  2. The DAF sponsoring organization oversees those funds as they grow tax free. 

  3. The assets within the fund now legally belong to the sponsoring organization but the DAF account holder retains advisory privileges over disbursements made from the DAF in addition to the investment strategy.

  4. DAF account holders can recommend single or recurring donations to charitable organizations. Funds in a DAF can only be used to support organizations that are tax-exempt 501(c)(3) and classified as public charities under 509(a).

  5. Once the DAF sponsoring organization approves, the recommended donation is made to the qualified charitable organization, such as GCLC.

If you already benefit from donor-advised funds and would like to send a gift to GCLC, please make checks payable to Greater Chicago Legal Clinic, Inc.

Alternatively, if your donor-advised fund is with Fidelity, Schwab, or BNY Mellon, you may recommend a gift to GCLC via DAFDIRECT (below).

Our Information

Our EIN:

36-3200465

Our Mailing Address:

Greater Chicago Legal Clinic, Inc.
Attn.: Kirston Fortune
17 North State Street, Suite 1710
Chicago, IL 60602

Our Contact Information:

Phone: (312) 726-2938 ext. 107
Email: development@gclclaw.org




 

Frequently Asked Questions

    • Support a charity you believe in through strategic giving, over time.

    • Maintain family involvement in charitable decisions.

    • Create a lasting legacy.

    • Take advantage of immediate tax benefits with the ability to distribute funds later.

    • Consolidate all your charitable giving.

    • Ensure that you meet and/or exceed standard deductions by combining donations of stock to a DAF.

  • Yes! For those who wish to electronically transfer funds to the GCLC, gifts may be sent via wire transfer. Reach out to development@gclclaw.org for more information and support.

  • Your initial contribution (cash, stock, real estate, etc.) to a sponsoring organization, community foundation or financial institution is tax-deductible. Individuals receive a tax receipt and tax benefits when funds are deposited into their DAF. Donations given to organizations, such as GCLC, from a DAF are not tax-deductible.

If you have any questions regarding giving to GCLC, please contact Kirston Fortune at kfortune@gclclaw.org.

Greater Chicago Legal Clinic is a 501(c)(3) nonprofit organization, FEIN: 36-3200465. All donations are tax deductible to the extent allowed by law.