What is a Donor Advised Fund?

A Donor Advised Fund (DAF) is a charitable giving program that allows you to combine tax benefits with the flexibility to support your favorite charitable organizations. 

How does it work? 

• Consult your financial advisor to set up your DAF and investment allocations.  
• Recommend grants to WJCS and other charities you support, with the option of being recognized or remaining anonymous. 

  What are the main advantages of a Donor Advised Fund? 

• The DAF sponsor handles all record-keeping, disbursements, and tax receipts.  
• Timing of your tax deduction can be separate from your charitable decision making.  
• Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.  

A DAF is a beautiful way to express your philanthropy.