What are the benefits of donating through a DAF?
A donor-advised fund is like a charitable investment account, for the sole purpose of allowing individuals, families, and corporations to direct funds to causes they care about. When you contribute cash, securities or other assets to a donor-advised fund, you are generally eligible to take an immediate tax deduction. Donations made through a DAF are simple and flexible: your DAF manager handles record-keeping, disbursements, and tax receipts. Any investment growth in the DAF is tax-free, and it is also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support several charities from one block of stock.
If you have additional questions about DAF giving, contact Brenda Campbell at (414) 310-5920 or email@example.com.