Important Dates for Year-End Giving with your Donor-Advised Fund
As the year draws to an end, it is natural to reflect on the past months and look forward to the future. What path has your philanthropy taken this year, and where will your giving lead in the coming years?
NPT’s donor-advised funds can help you streamline your year-end generosity. NPT will handle the administration and due diligence so you can devote your time and energy to what matters most—deciding where and how to give. In recent years we’ve had to adapt to new ways of working, gathering and giving, and we’ve learned how important it is to build flexibility into our planning.
Browse some considerations and strategies to consider this Giving Season and see important, upcoming deadlines below. We hope to help inform—and enrich—your generosity this year and for many to come.
Grant Recommendation Deadlines
| Grant Guidance | Key Dates |
|---|---|
| In order for NPT to review, approve and send grant payments in 2022, we ask that you: | Enter grant recommendations by 11:59 p.m. ET on December 19. Approved grants will be distributed on or before December 30. |
| If you hope to have your grant recommendation approved in 2022 with grant payments sent early in 2023, we ask that you: | Enter grant recommendation by 11:59 p.m. ET on December 23. Grants approved in 2022 will be distributed on or before January 5, 2023. |
DAF Contribution Deadlines
The end of the year is also an excellent time to replenish your charitable capital by contributing to your donor-advised fund. Deadlines for different asset types can be found here, as well as in NPT’s GivingPoint.
Refer to these important dates to ensure that your contributions—of any type—are received by December 31. Following these guidelines will help to ensure that NPT receives your contributions by December 31 for treatment as a 2022 gift.
Most assets require the submission of a Contribution Agreement, which may be completed online via the donor portal.
We’re Here to Help During Giving Season
NPT is here to help you navigate year-end giving. To reach us with any questions about Giving Season, email us at npt@nptrust.org or call us at (888) 878-7900.
About the Author
Ellen McGuinn is NPT’s Chief Financial Officer and Treasurer. Ms. McGuinn joined NPT in November 2016. She has more than 30 years of experience in finance and accounting, including 15 years in the nonprofit sector.
NPT does not provide legal or tax advice. This blog post is for informational purposes only and is not intended to be, and shall not be relied upon as, legal or tax advice. The applicability of information contained here may vary depending on individual circumstances.
The Philanthropist
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