A donor-advised fund (DAF) is a giving alternative that provides a simple, flexible and efficient way to manage your charitable giving. You and your family enjoy immediate and maximum tax benefits, make grants (donations) whenever you choose, build your charitable legacy and increase your philanthropic funds for future grant making.
Benefits of starting a donor-advised fund:
- Immediate and full tax advantages
- Streamlined charitable giving
- FACF tracking of contributions, amounts and giving history
- Convenience and expertise by FACF
In addition to these benefits, a DAF can also help you maximize your charitable impact through “bunching” or “bundling.” This strategy allows you to combine multiple years of charitable contributions into a single year to exceed the standard deduction and take advantage of itemizing charitable gifts. Then, you can recommend grants to your favorite charities from your DAF over time, maintaining steady support for the causes you care about while optimizing your tax benefits.
It's a simple, flexible way to impact the Fremont area and beyond! Contact the FACF today or visit https://www.facfoundation.org/.../donor-advised-funds.html to learn more!
