In recent years, Donor Advised Funds have become an increasingly popular way to manage charitable giving. A DAF is a centralized vehicle for charitable giving that makes it easy for donors to dedicate funds to support their favorite nonprofit organization. It also provides an operationally convenient and tax-efficient method for donors to manage their charitable giving.
With a DAF, charitably inclined individuals, families, and businesses make an irrevocable gift to a public charity that sponsors a donor-advised fund program, and may take an immediate tax deduction. Donors can then recommend grants over time to IRS-qualified 501(c)(3) public charities such as the Berkeley Public Library Foundation. Donor Advised Funds also allow donors to approach their charitable giving thoughtfully by involving other family members or colleagues in their philanthropic decisions.
Use DAF Direct to donate now: