DONATE FROM YOUR DONOR ADVISED FUND!
What is a donor-advised
A donor-advised fund (DAF)
is a type of giving program that allows youto combine the most
favorabletax benefits with the flexibility to easily support your
favorite charities. An increasingly popular charitable vehicle,
DAFs are an excellent way to both simplify your charitable
giving and facilitate your strategic philanthropic goals.
How does it work?
your DAF by making an irrevocable,tax-deductible donation to a
public charity that sponsors a DAF program
•Advise the investment
allocation of the donated assets (any investment growth is
•Recommend grants to
qualified public charities of your choice
What are the main advantages of a donor-advised fund?
Simplicity–The DAF sponsor
handles all record-keeping, disbursements, and tax receipts.
Flexibility–Timing of your
tax deduction can be separate from your charitable decision
are tax-deductible and any investment growth in the DAF is
tax-free. It is also easy to donate long term appreciated
securities, eliminating capital gains taxes and allowing you to
support multiple charities from one block of stock.
Family legacy–A DAF is a powerful way to build or continue a
tradition of family philanthropy.
No start-up costs–There is no cost to establish a donor-advised
fund. However, there are often minimum initial charitable
contributions to establish the DAF (typically $5,000 or more).**
No transaction fees–Once
approved, 100% of your recommended grant goes to your qualified
publiccharity of choice.**
Privacy if desired–Donors
may choose to remain anonymous to the grant recipient.
generally assess an administrative fee on the assets in a DAF.
These fees vary by sponsoring organization.