Are there certain Distribution Requests that cannot be fulfilled?
Yes. The IRS will not allow gifts from a Donor-Advised Fund to be used to fulfill a personal pledge, support lobbying or political activities or campaigns, secure charitable event tickets, memberships, etc., or to provide any significant benefit to the Donor or other disqualified persons. Additionally, gifts to organizations that are not recognized as exempt or to organizations based outside the United States normally cannot be made.
Related Questions
- Why can’t I see the PDF forms that launch when I process certain requests/claims (Change Beneficiary, Request a Duplicate Policy/Contract, and Submit a Disability Claim)?
- Are there certain groups/charities that have a better probability of having their request fulfilled?
- What kind of requests will not be fulfilled?
