Donor Advised Fund

(redirected from Donor-Advised Funds)

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 ?
Some religiously based organizations provide donor-advised funds along with assistance to make them convenient and easy to use.
If it wasn't already clear that donor-advised funds are the go-to charitable giving vehicle of the decade, consider The Chronicle of Philanthropy's ranking of the 400 charities that raised the most money from private resources in 2016.
The bank said donor-advised funds are the fastest-growing segment of charitable giving vehicles, ahead of private foundations, trusts, annuities and pooled income funds.
Charitable organizations have maintained donor-advised funds in one form or another for nearly 100 years.
Amy has played a critical role in shaping and achieving Fidelity Charitable s strategic goals over the past five years, particularly those related to enhancing services for donors and their advisors, raising awareness of donor-advised funds and supporting the overall mission of the organization, said Anna Nelson, chair of the Board of Trustees for Fidelity Charitable.
Our experience shows that people who have donor-advised funds are extraordinarily more generous on scale than people who do not," Bryce says.
The Donors Trust and Donors Capital Fund, both based in Virginia, are donor-advised funds that have channeled money from the Kochs, owners of the sprawling conglomerate Koch Industries and outspoken supporters of conservative causes, to groups that deny the link between fossil fuels and global warming, the paper says.
The bank announced several enhancements to its fund, which is one of the nation's donor-advised funds.
It's not all doom and gloom for non-profits as this might be a time for donor-advised funds to help make up some of the slack in charitable giving.
These methods include a discussion of donor-advised funds and why marketing them in your business is good for your business and your clients.
Donor-advised funds (DAFs), as an alternative to private foundations, have been a popular means of charitable giving, but fund managers, donors and their advisers must reckon with new laws and regulations stemming from the Pension Protection Act of 2006.
The donor must be over 70 1/2 and the recipient must be a qualifying charity; donor-advised funds and private foundations do not qualify.