Donor Advised fund
Give when you can. Grant when it’s needed.
A donor-advised fund (DAF) is a philanthropic account that allows the donor to maintain control over how their donations are dispersed. DAFs are established under an umbrella charity, which then manages the account on behalf of the donor.
A DAF allows donors to not only immediately receive tax benefits from their charitable contributions but also provides them the ability to recommend grants from the fund at a future date.
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How it Works?
- When you make a contribution to personal assets, it cannot be undone or taken back. This includes cash, shares, property, and more.
- You receive the largest charitable tax deduction possible.
- When you open a donor-advised fund account, you get to name the account, and any successors or charitable beneficiaries.
- When you donate, your contribution goes into a donor-advised fund account. This account allows you to invest your money and grow it tax-free.
- You can recommend grants to qualified charities from your account at any time.