What is a Donor Advised Fund?
A donor advised fund (DAF) is a type of giving program which combines the most favorable tax benefits with the flexibility to easily support Loaves and Fishes. Recommend a gift to Loaves and Fishes now through your donor advised fund using the DAF Direct widget box above.
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.
Note: Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.