Brad and Lezlie believe in our work. So, when they established a donor-advised fund (DAF) a few years ago, they added us as a beneficiary. “We believe in you and the services you provide,” they shared.
A Donor Advised Fund (DAF) is 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 any IRS-qualified public charity.
Opening a DAF was new for them, but they had appreciated stock
and wanted to take advantage of the tax incentives. “It’s an easy way to establish a consistent pattern of giving. We choose our gifts, our advisor keeps us updated, and it’s convenient,” Brad shares.
*Our information is for illustrative purposes. We recommend that you consult your accountant or tax preparer for professional advice and information.