What is a Donor Advised Fund?
A donor advised fund (DAF) is a charitable giving program that allows you to reap maximum tax benefits while supporting your favorite causes. Your DAF allows you to distribute money, which grows tax-free, to Global Fund for Women over time.
How does it work?
- Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program.
- Advise the investment allocation of the donated assets (any investment growth is tax free).
- Recommend grants to Global Fund for Women, with the option of being recognized or remaining anonymous.