Donor Advised Fund (DAF)
You can direct charitable gifts to The Society of the Four Arts from your established Donor Advised Fund
A donor advised fund (or DAF) might be a great way for you to direct your charitable dollars to benefit The Society of the Four Arts.
Benefits of a donor advised fund
- A flexible vehicle for annual charitable giving
- A more tax and cost efficient alternative to a private foundation
What is a donor advised fund (DAF)?
A donor advised fund can simplify your giving by distributing gifts to charities of your choice, like The Society of the Four Arts, during your lifetime and help your children carry on your legacy of giving after you are gone.
Donor advised fund video
How a donor advised fund works
- You make an initial, irrevocable gift of cash or stock to fund a DAF at a financial institution or other certified organization.
- The assets in your DAF grow tax-free.
- You make annual recommendations on gifts to be made from your DAF.
- When you pass away, your children may recommend charitable gifts from your DAF.
More on donor advised funds
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.
Contact us
If you have any questions about donating to The Society of the Four Arts from your current DAF, please contact us. We would be happy to assist you and answer any questions you might have.
