Donor Advised Funds

Hold and release your generosity on your own timeline, in a tax-savvy and flexible way. A Donor Advised Fund is like a charitable investment account created for the sole purpose of supporting nonprofit organizations you care about. You contribute cash, stock, or other assets to the fund, receive an immediate tax deduction, and then recommend grants to charities over time.

• Tax advantages: You may claim an immediate charitable deduction for contributions, and appreciated assets (like stocks) can often be donated without incurring capital gains tax.
• Flexibility: Give when it works for your finances and recommend grants whenever you’re ready.
• Growth potential: Assets in a DAF can be invested for potential growth, allowing you to give more over time.
• Simplicity: One receipt for tax purposes and easy online tools to direct grants to charity.

1. Open a fund with a sponsoring organization, such as your local community foundation, a national DAF provider or a financial services firm.
2. Contribute assets:  Cash, publicly traded securities or other eligible assets.
3. Recommend grants at your own pace to qualified 501(c)(3) nonprofits, including the WHAS Crusade for Children.

To learn more or to recommend a gift from your existing Donor Advised Fund, contact your sponsoring organization or your financial advisor.