A Donor Advised fund is a simple, flexible way to support the work of charitable organizations you care about, like the Jane Goodall Institute, in a similar way to a charitable investment account.
If you support multiple organizations or you want to secure a charitable deduction now but designate beneficiaries later, a Donor Advised Fund (DAF) may work for you. They can be established with a number of entities, including community foundations, financial services companies and charities including the Jane Goodall Institute.
HOW IT WORKS
This type of gift may work for you, if
- You have extra income or a special taxable event, but desire to make charitable gifts over several years
- You have several different charitable interests and want to simplify your giving
- You have a private foundation that you want to terminate
- You wish to use a DAF to complement a private foundation (perhaps in order to give anonymously).
September 2, 2019
Categories:Gift & Estate Planning, Other Giving Options