DAF Information

The MPB Fund established our donor-advised fund (DAF) from DAFgiving360™ because it is a simple, tax-smart investment solution for charitable giving.

WE ACCEPT THIRD PARTY CONTRIBUTIONS FROM PRIVATE FOUNDATIONS, i.e., non-operating foundations with a PF code, and this will count towards the 5% Rule.

The MPB Fund is set up through Charles Schwab, via their Schwab Charitable arm – which is branded as DAFgiving360™, which is their doing business as name, and their  legal name is Donor Advised Charitable Giving

For individual giving, Schwab Charitable operates as an independent 501(c)(3) public charity, allowing individuals to contribute assets or cash to the fund, receive an immediate tax deduction, and then recommend grants to qualified nursing schools supported by the MPB Fund over time.

DAFgiving360™ is recognized as a Public Charity under the IRS code.  You can confirm this tax filing status via the IRS Tax Exempt Organization Search which we commonly refer to as the EO select  (link is: https://apps.irs.gov/app/eos/) by searching via our EIN 31-1640316.

It is important to note that 100% of all contributions to the MPB Fund go to the Community Colleges and Nursing Programs we support.  All overhead and administrative costs are donated by the managers of the fund.