How does it work?

• Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program
• Advise the investment allocation of the donated assets (any investment growth is tax-free)
• Recommend grants to qualified public charities of your choice

If I have a DAF, how do I use the DAFDirect Form?

What are the main advantages of a donor-advised fund?

Simplicity—The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
Flexibility—Timing of your tax deduction can be separate from your charitable decision making.
Tax-efficiency—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 charities from one block of stock.
Family legacy—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 donor-advised fund. 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 remain anonymous to the grant recipient.

**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organizations.