Donor Advised Fund (DAF) Donations

Donor Advised Fund

What is a Donor Advised Fund?

According to Fidelity Charitable, “A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities or other assets to a donor-advised fund at a public charity you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth and you can recommend grants to virtually any IRS-qualified public charity.”

Some of the benefits of a donor-advised fund include:

  1. Easily contribute to a wide range of assets
  2. Maximize potential tax benefits
  3. Invest your donation for tax-free growth
  4. Simplify recordkeeping and organization
  5. Support your legacy planning
Learn More About Donor Advised Funds