Donor Advised Fund

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Donor Advised Fund

A way to structure a charity in which a third party manages the funds donated and gives them to the organization at the request of the donor. That is, a philanthropist (or a family or a foundation) may set up a donor advised fund and direct money to any of a number of organizations. A donor advised fund is a relatively inexpensive way to set up charitable donations while allowing the maximum amount of flexibility for the donor.
References in periodicals archive ?
An annual donation from Purina is shared between the parent breed clubs and their Donor Advised Funds at CHF.
incomes of all charitable endowments including donor advised funds,
While it is teehn[rally true that "giving" by individuals probably hit a record, that doesn't mean the money was put to work, Billions of dollars are parked in commercial donor advised funds, community foundations and trusts.
Victor Valentine has joined the Association of Baltimore Area Grantmakers,a statewide association of more than 130 private and community foundations, intermediaries, corporations, donor advised funds and public charities,as its director of engagement and policy.
* James Andreoni, University of California, San Diego and NBER, "The Benefits and Costs of Donor Advised Funds"
(Transfers to donor advised funds can't be considered QCDs.)
The second panel focused on key rules, complex issues and creative uses of DAFs (Donor Advised Funds) and supporting organizations.
Donor Advised Funds IRA Rollover Eligibility and Transparency: This would make DAFs eligible for IRA rollovers, whereby those aged 70-1/2 years and older can exclude from their gross income up to $100,000 a year in distributions made directly from the IRA to certain public charities.
Jewish Communal Fund (JCF), the largest network of Jewish funders in the country, facilitates charitable giving for more than 6,000 fund holders through donor advised funds. For more, go to www.jcfny.org.
- Why more than $13 billion went into Donor Advised Funds in 2013
As the central organization for donor advised funds, affiliate funds, nonprofit organizational funds, and field of interest funds, it represents the best of Alaska's shared value of giving back to its communities, changing lives for the better.
The first donor advised funds tended to have limited chokes, with only three or four choices, typically blended pools.