Support Your Savings During Tax Season with FreeWill


From funding research on Parkinson’s intervention opportunities to holding webinars about how to maintain good mental health, your support has created countless opportunities for people with Parkinson’s to seek support and treatment, leading to an increased quality of life. We cannot thank you enough for your dedication to our mission. 

As we approach Tax Day, the Davis Phinney Foundation wants to share two smart ways for you to help people with Parkinson’s live well today — while supporting your own personal finances. 

Give from your IRA 

If you are 70.5 and older, you can make a tax-free gift directly from your IRA account. This kind of donation not only helps the Davis Phinney Foundation meet its goals in real-time but may also help you reduce your future tax burden, allowing you to give and save at the same time. 

IRA gifts are generally tax-free, regardless of whether or not you itemize on your tax return. Plus, this kind of giving is one of the only ways to donate without dipping into your cash reserves! 

 Give from your IRA today! 

Because of recent legislation, donors 73 and older (or donors who have taken a Required Minimum Distribution (RMD) in the past) are subject to RMDs. If you are eligible, you must withdraw your RMD from your IRA this year or likely face a hefty tax penalty. By giving these funds directly to a charitable organization, you can fulfill your RMD, without it counting toward your taxable income for the year, and make a powerful and lasting impact on Parkinson’s research, treatment, and education. 

One of our goals this season is to ensure you feel informed and supported in how you can make a difference with the Davis Phinney Foundation. That’s why we invested in the secure IRA-giving platform above, where you can make your gift today in as little as 10 minutes. 

Feel free to forward this tool to your financial advisor if you have one. It’s recommended to combine FreeWill’s tools with outside consultation should you have additional questions about IRA giving and before entering into any transaction.  

Give from Your Donor-Advised Fund (DAF) 

Did you know that over $72B is currently in DAFs across the United States? If you’re one of 1M+ Americans who have invested in a DAF, now may be the perfect moment to recommend a grant to the Davis Phinney Foundation. 

There are many benefits to having a DAF:

  1. When you invest in a DAF, you receive an immediate tax benefit for your contribution. This allows you to reduce your tax burden while designating a portion of your assets for future charitable giving. 
  2. You can donate cash, non-cash assets like crypto and appreciated stock, and material assets like real estate and other personal property.  
  3. When you contribute to a DAF, these funds are irrevocable, meaning they cannot be used for anything other than charitable giving in the future, and you must “recommend” a grant from your custodian. Many donors see DAFs as a tax-savvy investment for the causes, communities, and charities they love and wish to support.

The potential for change is enormous. Giving through your DAF is a simple way to use the funds and assets you’ve already set aside to enable the Davis Phinney Foundation to tap into these resources and immediately provide education, tools, resources, and inspiration for people living with Parkinson’s, their care partners, and families.

DAF Giving allows you to tap into the enormous resources held in DAF’s nationwide and mobilize your funds for positive change in the world. Plus, everything held in your DAF has already been spent, which means you can reserve your real-time cash for your own immediate needs while still contributing to the Davis Phinney Foundation and helping people with Parkinson’s live better today.

learn more about freewill here!

Please reach out to your DAF custodian to recommend a grant to the Davis Phinney Foundation. If you have any other questions, please contact Edna Togba at 646-427-1346 or


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