Top 10 Reasons to Open a Donor Advised Fund (DAF)
Conduct all of your charitable giving through one centralized fund dedicated entirely to your philanthropic pursuits.
- Engage Your Family
Donor Advised Funds (DAFs) are an ideal way to involve the next generation of your family by engaging them in grantmaking.
- Recommend grants
You can recommend an unlimited number of grant distributions (minimum $100) from your DAF at no additional charge.
- Grantmaking support and expertise
We can provide guidance about emerging issues, cutting edge nonprofits, and giving opportunities locally, nationally and in Israel.
- Maximum tax advantage*
For each contribution to your fund, you qualify for an immediate fair-market-value tax deduction.
- 24/7 online access
Through our secure and confidential Donor Services Online, you can review your fund history, recommend grants, and make contributions any time with a credit card or check (ACH).
- Modest cost, extra impact
The Foundation's annual fee is 1.5% of the DAF's assets, a portion of which funds The Foundation's grants programs, increasing the impact your dollars make in the community.
- Affordable alternative to a private family foundation
With a DAF, you can carry out your charitable giving more simply and cost effectively than a private family foundation.
- Build a permanent family legacy
A DAF can be the first step toward building a permanent legacy. When you create your fund, you can decide how it should be used when you pass away or are no longer able to serve as the fund's advisor.
- Personalized service
We take pride in having experts who're readily available to help you with your questions about giving. When you call during our business hours, you can directly reach our team of advisors who will help with your charitable giving.
*The Foundation does not provide legal or tax advice. Please consult your professional advisor.
Interested in exploring more? Contact us at 323.761.8704 or by email.