DAF Donations
Donor Advised Fund
A donor-advised fund (DAF) allows for immediate tax deductions on charitable donations
DAFs let donors contribute assets now and decide when to grant funds to the charity later
During this period, assets within the DAF also experience tax-free growth
How do DAFs work?
A donor-advised fund offers strategic advantages for timing charitable contributions in high-income yearsÂ
Front-loading contributions in high income years allows to optimize deduction benefits
DAFs empower individuals to optimize deductions, facilitating itemization on Schedule A
Advantages of DAF
DAFs enable donation of appreciated investments, qualifying for a charitable deduction and effectively eliminating embedded capital gains
DAFs simplify the contribution and liquidation of diverse investment assets beyond marketable securities
Charitable Legacy
DAFs enable legacy giving, facilitating the transition of assets and mitigating estate taxes beyond pass-on limits
DAFs create a lasting charitable legacy for future generations