End-of-Year Giving to the DCF
Charitable gifts can be made through midnight on Dec. 31 to qualify for the 2023 tax year, even if the DCF offices are closed!
(DCF offices will be closed all day on Dec. 25 and Jan. 1)
About Making Tax-Advantaged Charitable Gifts to the DCF
If you wish to make a gift within the 2023 tax year, you may give by:
Complete your transaction by 11:59 p.m. on Dec. 31. You can:
- Give to the DCF Leadership Campaign.
- Give to an existing fund at the DCF.
- Establish a new charitable fund. If the DCF office is closed, we can still accept your gift for the 2023 tax year and complete paperwork to establish the new fund in 2023.
Mail and postmark your check by Dec. 31.
Our brokerage house must receive the stock gift from your broker by 11:59 p.m. on Dec. 31. For assistance, contact Joanne McGeoch at 302.504.5224 in advance, to allow time for the DCF to coordinate with your broker.
Other Non-Cash Assets
The DCF accepts many illiquid assets as charitable gifts. The amount of time needed to accept these gifts varies. To discuss the possibilities, contact Joanne McGeoch at 302.504.5224.
About Making Grants from Your Fund at the DCF
Grants are typically processed on the first and 15th of each month. In December, checks are issued more frequently.
If a grant recommendation is submitted by Dec. 15, funds will be transferred by Dec. 31. If a grant recommendation is submitted after Dec. 15, funds will be issued in Jan. 2024.
Please remember, fundholders do not realize a tax benefit when grants are issued from existing charitable funds, so issuance after Dec. 31, 2023 will not affect 2023 taxes.