A Donor-Advised Fund (DAF) is a charitable giving account that allows individuals or families to make a charitable contribution, receive an immediate tax deduction, and recommend grants to qualified charities over time.
DAFs offer a flexible and strategic way to manage philanthropy. Contributions can be invested for potential growth, enabling donors to give more over time while simplifying the administrative side of charitable giving. For many, a DAF provides an efficient, tax-smart alternative to establishing a private foundation—allowing for meaningful impact now and into the future.
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