The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
Timing of your tax deduction can be separate from your charitable decision making.
Contributions 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 nonprofit organizations from one block of stock.
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 DAF. 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 public charity of choice.*
Privacy if desired
Donors may choose to be acknowledged or remain anonymous.
* Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.