Donor Advised Fund (DAF)
A DAF is your own charitable fund, named after you and administered by a charitable organization. You can make contributions to your fund, which will be invested to benefit the causes you care about. Once your fund is created, you can advise the DAF custodian to make grants from your fund to support the work of your favorite charitable causes.
You enjoy several benefits with your donor advised fund
- Establish a flexible vehicle for annual charitable giving
- Benefit from a more tax and cost efficient alternative to a private foundation
- Obtain a charitable income tax deduction in the year of your gift
How a donor advised fund works
- You make an initial, irrevocable gift of cash or stock to fund a DAF at a sponsoring organization
- The assets in your DAF grow tax-free
- You make annual recommendations on gifts to be made from your DAF
Gifts from your donor advised fund
Your donor advised fund has several advantages. You can make one larger gift to a DAF and then recommend grants to us and other nonprofits. You can use the "Make a Gift From My DAF" tool to contact your DAF provider and make a grant. We will acknowledge your generous gift as a DAF distribution.
Contact us
If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.
