What is a Donor-Advised Fund (DAF)?
A donor-advised fund (DAF) can be thought of like a savings account for the sole purpose of charitable giving. Individuals, families, or groups contribute to their donor-advised fund that is managed by a sponsoring organization, such as a community foundation or financial institution.
What are the benefits of a daf?
- Retain control and family influence over your charitable dollars! Through DAFs, you can claim tax deductions now and decide later when your gift is made to us.
- DAFs help streamline charitable giving and simplify record-keeping. For example, a donor can make one large contribution and decide later which organization(s) to grant funds to - while only having to keep track of a single tax receipt.
- Contribute a wide range of assets including cash, crypto, and stock. If donors contribute non-cash assets, they get the added benefit of not having to pay capital gains tax since they are donating it.
REFUND POLICY:
All DAF donations made via The Giving Block are non refundable. We are not able to give refunds if you changed your mind, sent the wrong amount, or made the wrong decision.