“We knew we wanted to get ‘the best bang for our buck’,” shared Jerry, a long-time contributor who recently retired from a 40-year career in real estate.
“My wife and I met with our financial advisor and decided to set up a DAF.”
A Donor Advised Fund (DAF) is like a charitable investment account that can be used to support organizations like ours. When you contribute cash, securities, or other assets to a DAF, you’re generally eligible to take an immediate tax deduction. Those funds can then be invested for tax-free growth and you can recommend grants to our IRS-qualified public charity, or any others you’d like to support.
“Second Harvest is our favorite charity,” he said. “We know our funds will be put to good use.” If you’d like to learn about this or other ways to give visit our website or contact us today for more information.
*Our information is for illustrative purposes. We recommend you consult your accountant or tax preparer for professional advice and information.