Giving to The Seagull Project with your Donor-Advised Fund

A gift from your donor-advised fund supports the live theatre crafted with the care and time that only The Seagull Project does. You are creating space for more community partnerships, artist to be paid a living wage, and bold art.

Advise your fund to make a grant to The American Chekhov Project (tax ID: 81-4673016)

How do I donate to The Seagull Project through my donor-advised fund?

Login to your Donor Advised Fund, such as Fidelity Charitable, Vanguard Charitable, Charles Schwab, Greater Horizons, or the Seattle Foundation.

After your gift, email Seagull Project Co-Founder, Julie Briskman, to let us know how much you are donating and from which donor-advised fund we should expect to receive a gift. This helps us properly attribute the gift. Of course, gifts can also be made anonymously.

What is a donor-advised fund?

A donor-advised fund (DAF) is like a mutual fund used solely for donations to nonprofit organizations. Instead of investing their money in a mutual fund, donors make an irrevocable gift to the fund (known as a “sponsoring organization”) and get an immediate tax deduction. Then, donors direct the sponsor to make a gift to a nonprofit of their choice.  Essentially, you are donating to a nonprofit (the sponsoring organization) that invests your money and then distributes grants to nonprofits of your choice.

How do I establish a donor-advised fund?

  • Consult your financial advisor for more information on the pros and cons of donor-advised funds.

  • Establish your donor-advised fund by making an irrevocable, tax-deductible donation to the sponsoring organization.

  • Decide on your investment allocation strategy.

  • Recommend a grant to The American Chekhov Project (tax ID: 81-4673016).

What are the main advantages of a donor-advised fund?

  • Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.

  • Flexibility– The timing of your tax deduction can be separate from your charitable decision-making.

  • Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long-term, appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.

  • Family legacy– A DAF is a powerful way to build or continue a tradition of family philanthropy.

  • Privacy (if desired) – Donors may choose to remain anonymous to the grant recipient.

  • No start-up costs – There is usually no cost to establish a donor-advised fund. However, sponsoring organizations generally assess an administrative fee on the assets and may require a minimum initial contribution. Fees depend on the sponsoring organization.