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Donor Advised Fund (DAF)

A donor advised fund (or DAF) might be a great solution for you. You can use a DAF to distribute gifts to numerous charities. With a DAF, you can make gifts to charity during your lifetime, and when you pass away, your children or you can grant all or a portion of the remaining balance to United Way Worldwide to fulfill your philanthropic legacy.

icon of how a donor advised fund works with United Way

You enjoy several benefits with your donor advised fund

  • Establish a flexible vehicle for annual charitable giving
  • Benefit from a more tax and cost efficient alternative to a private foundation
  • Obtain a charitable income tax deduction in the year of your gift

How a donor advised fund works

  1. You make an initial, irrevocable gift of cash or stock to fund a DAF at a sponsoring organization.
  2. The assets in your DAF grow tax-free.
  3. You make annual recommendations on gifts to be made from your DAF.

 

Questions About Your Gift?

If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.

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