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Dec 23, 2024
3:40
:01
pm
JamieTartt
All-American
The tax deduction would come from when he placed money in the DAF
I guess I am not sure who it will show up as when sent to the church but I imagine it would be the fund name
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JamieTartt
Previous username
Taccoug
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JamieTartt
Joined
Aug 14, 2016
Last login
Dec 23, 2024
Total posts
7,606 (9 FO)
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Messages
Author
Time
Donor advised funds as a means of paying tithing. Does the church recognize it?
ledfoot
3:33pm
If you have already made a donation to a charity, you already got the tax
Plato
3:36pm
Does it matter who gets credit? The Church gets the money, you get the
Nikomedes
3:37pm
Are you able to fund a DAF with a credit card? How do you do that?
elmerfudd
4:02pm
Yes. I've done it several times.
Zenoch
5:01pm
The tax deduction would come from when he placed money in the DAF
JamieTartt
3:40pm
The church has its own donor advised fund. But you can use others
cougarfann888
3:43pm
Through fidelity, you put a memo and mark your name, membership number and
Bin01015
3:45pm
Oh, interesting. I'll have to try this. Nothing shows when I use DAF
txblue
4:04pm
Thanks all
ledfoot
3:49pm
It works really well but it doesn’t show up on the ward level. I typically
RevolutionDeathsquad
3:51pm
Yup. I do it every year
TADOW
4:12pm
Why are you donating to the DAF if only to donate to church later?
Plato
4:18pm
Likely to bunch contributions - take std deduction yr 1, larger deduction yr 2
tiloman
4:47pm
Exactamundo
Frank Drebin
4:56pm
Hmm. So for mid/low income ppl to save a few bucks on already low tax rates
Plato
4:58pm
It's easier to time donations. I donate company stock which requires pre-approval and can only be done
txblue
4:48pm
What do you do with it other than pay tithing?
Plato
4:59pm
I do it bc it’s easier to donate appreciated stock this way. I just slide stocks
RevolutionDeathsquad
5:32pm
Yup! We use a DAF to pay tithing
justAnotherCoug
5:52pm
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