A donor-advised fund (DAF) is a charitable giving account designed exclusively to invest, grow, and give assets to charities for meaningful and lasting impact.
Here’s how it works:
You donate assets into a DAF and recommend how those assets should be invested. Your contribution is tax-deductible and the assets in the DAF grow tax-free. When you’re ready, recommend a grant to a charity you care about, then distribute the gifted funds. It is a convenient tax-efficient way to make donations.
Benefits:
It provides…
- substantial income tax charitable deduction
- estate tax savings
- no capital gain tax on transfer of assets
- flexibility of gift determinations
- knowing that your assets are making a difference for the chapter.
Recommendation:
Minimum investment amounts vary by the providers of the DAFs. Donations can be made in cash, real estate, or securities.
Learn how you can support your chapter by contacting Matt Noble of Fraternity Management Group at matt.noble@fmgtucson.com.