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What is a DAF?
A Donor Advised Fund is a tax-advantaged charitable giving account.
DAFs are often compared to a 401(k) for retirement savings or a Health Savings Account (HSA) for healthcare expenses.
Any person, couple, family–or even company–can open a DAF account at more than 1,000 providers around the country. DAFs have surged in popularity in recent years because they are incredibly effective at increasing giving capacity and streamlining philanthropy.
How DAFs work
The power of DAFs lies in their simplicity & flexibility.
Contribute
Make a tax deductible contribution of cash, securities or illiquid assets.
Invest
Keep the account balance invested in the market, which grows tax-free.
Distribute
Recommend cash gifts to eligible charities any time.
How DAFs help
Give bigger
Tax savings & extra accountability mean more dollars for impact.
Give better
Manage donations centrally, use your DAF anywhere with DAFpay.
Give together
69% of DAF gifts are <$1,000 - DAFs work for every budget.
How to get a
DAF
There’s over 1,000 places you can get a DAF - use the DAF Day “Get a DAF” guide to help make the decision. In the guide you’ll find:
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Deeper explanations on how to use a DAF
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Important considerations before opening a DAF
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A proprietary framework & workbook for picking a DAF that fits your needs
Get the guide