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A donor advised fund (DAF) is a type of giving program administered by a third party that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. It is created for the purpose of managing charitable donations on behalf of an organization, family or individual. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals. DAFs allow donors to give cash, stock and other assets where the donor receives an immediate tax deduction when the contribution is made, but can grant specified amounts to the charities of their choice at a later time.
How It Works
Main Advantages of Donor-Advised Funds
Donor-advised funds provide a number of benefits that direct donations to a charity may not, including:
** Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.
What Can Donor-Advised Funds Do for Save the Children?
DAFs provide an easy, flexible, low-cost method of giving which supports our work for children worldwide. These gifts have been essential parts of the lasting changes we make in the lives of children in need through our various programs and campaigns. For example, you can also establish planned giving beneficiary designations for giving as part of your estate planning and legacy philanthropy.
Donor-Advised Funds in the News
The Community Foundation
To learn more about making a gift to Save the Children using a donor advised fund, please contact us at firstname.lastname@example.org.