What are Donor-Advised Funds (DAFs)?
A donor-advised fund is a charitable investment account that allows donors to support charities while receiving tax benefits.
What are the benefits of DAFs?
Giving to your DAF is a one-time process and streamlines your nonprofit giving. Rather than giving to a handful of nonprofits and having to keep up with many year-end tax statements, you can give to your DAF and only keep up with one!
You can donate into your DAF at any time, even when you aren't quite sure how you want those funds to be used. Your funds can be invested and earn tax-free interest while inside your DAF. You decide when and how you want to distribute those funds.
If you’re ready to simplify your giving, grow your donation tax-free, and create a way to give now or over time, consider a DAF!