Are you looking for a way to benefit The Associated and the charities that you support both now and in the future? Would you like to simplify your annual and lifetime charitable giving?
A donor advised fund (or DAF) might be a great solution for you. You can also use a DAF to recommend grants to numerous charities. With a DAF, you can recommend grants to charities during your lifetime, and when you pass away, your children can carry on your legacy of giving.
A donor advised fund has several advantages when compared to a private foundation. The start-up time and cost are minimal for DAFs, and gifts to DAFs are generally deductible at fair market value. A DAF is also not subject to the distribution requirements and certain excise taxes faced by private foundations.
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.
We provide specialized support to families with donor-advised funds and supporting foundations identifying funding opportunities in your specific areas of interest, facilitating the grant-making process and performing due diligence to ensure meaningful outcomes from your grants. Establishing your fund or foundation with us is a wise thing to do. We offer you concierge service, grant-making expertise and superior investment performance. Click here to visit our Funder Services page.