Donor Advised Fund (DAF)
What is a Donor Advised Fund (DAF)?
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What are Donor-Advised Funds?
Public charities like community foundations or international sponsoring organizations create and oversee Donor-Advised Funds, which are charitable accounts. Individuals, families, and corporations contribute assets to these funds in exchange for immediate tax benefits. Donors then recommend grants to specific charities or causes of their choice over time, allowing them to have a long-term philanthropic impact.
Donor Advised Funds Tax Deduction
One of the best things about giving to Donor-Advised Funds (DAFs) is that donors can get an immediate tax deduction in the year that they give. This deduction is very valuable because it can help people lower their taxable income, which could put them in a lower tax bracket and save them a lot of money on their taxes. Donors can maximize their tax deductions through DAF funds, allowing them to donate more to their favorite charities and causes.
- Fidelity Charitable
- Schwab Charitable
- Vanguard Charitable
- National Philanthropic Trust
- American Endowment Foundation
- Goldman Sachs Philanthropy Fund
Employer Matched Funding
Benevity/American Online Giving
Raytheon
Legacy
Join our Legacy Club with planned giving through estate planning and wills.
Memorial
Give a Memorial or Recognition Gift of any kind through donating school equipment, naming a classroom or playground.