What is a Donor Advised Fund?
A donor advised fund—or DAF—is a charitable account with a sponsoring organization that allows donors to combine favorable tax benefits with the flexibility to support your favorite causes.
After establishing a donor advised fund, the donor may recommend grants to qualified public charities. They may also advise the sponsoring organization on the investment strategy for the charitable assets.
Making a Donor Advised Fund Gift
After a donor establishes a donor advised fund with a sponsoring organization, he or she retains advisory privileges over how to allocate their investment. The investment options and grantmaking criteria vary among sponsoring organizations.
As an IRS-qualified 501(c)(3) organization, the League of Women Voters Education Fund is grateful for the opportunity to receive grants awarded by donor advised funds.
Fidelity Charitable makes it easy to jumpstart a grant recommendation to a nonprofit through donor advised funds. Just use the DAF Direct tool below to initiate your gift.
Schwab Charitable makes it easy to jumpstart a grant recommendation to a nonprofit through donor advised funds. Just use the DAF Direct tool below to initiate your gift.
If you have questions about recommending a DAF grant to the League of Women Voters Education Fund, please contact:
Kim Lan Grout, Major Gifts Officer
Email: [email protected]
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