Donor Advised Funds

Donor Advised Funds

Contributing from your donor-advised fund (DAF) is a great way to show your support for the Inland Bays.

Donor Advised Funds (DAF) allow you to manage your charitable giving simply and efficiently.

If you support multiple organizations, or if you want to secure a charitable deduction now and designate beneficiaries later, a DAF may work for you. DAFs can be established with a number of entities, including community foundations and financial services companies.

How It Works:

  1. You establish a DAF with your local community foundation or preferred financial services company. There is no cost to establish a DAF.
  2. You make an initial gift of cash or stock to the DAF* and receive an immediate charitable deduction.
  3. A minimum initial charitable contribution may be required.
  4. You make annual recommendations on gifts to be directed from your DAF to the Center or other qualified charities you support. There are no transaction fees, so 100% of your recommended grant goes to your charity of choice.
  5. You may choose to remain anonymous to the gift recipient if you wish.

The material presented on this website is not offered as legal or tax advice. Please consult your tax advisor, financial planner, or attorney about the legal and tax benefits of any gift to the Center.