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Donor Advised Fund (DAF)

A Donor Advised Fund is a way to simplify your giving by making a gift to a charitable fund that can then distribute gifts to Pine Castle and other charities of your choice during your lifetime. When you pass away, your children can carry on your legacy.

Are you looking for a way to benefit Pine Castle both now and in the future? Would you like to simplify your annual and lifetime charitable giving? A donor advised fund (or DAF) might be a great solution for you.

Benefits of a donor advised fund

  • Establish a flexible vehicle for annual charitable giving
  • Benefit from a more tax and cost efficient alternative to a private foundation
  • Receive an estate tax deduction and savings from your gift
  • Obtain a charitable income tax deduction in the year of your gift

What is a donor advised fund (DAF)?

A donor advised fund is a way to simplify your giving by making a gift to a fund that can then distribute gifts to the charities of your choice during your lifetime and help your children carry on your legacy of giving after you are gone.

Donor advised fund video

How a donor advised fund works

  1. You make an initial, irrevocable gift of cash or stock to fund a DAF.
  2. The assets in your DAF grow tax-free.
  3. You make annual recommendations on gifts to be made from your DAF to Pine Castle.
  4. When you pass away, your children may recommend charitable gifts from your DAF.

More on donor advised funds

A donor advised fund has several advantages when compared to a private foundation. The start-up time and cost are minimal for DAFs, and gifts to DAFs are generally deductible at fair market value. A DAF is also not subject to the distribution requirements and certain excise taxes faced by private foundations.

Contact us

Our team would be happy to assist you and answer any questions you may have about making gifts to Pine Castle. To get in touch, please visit our Contact page. We welcome gifts from DAFs and hope you will consider this option to support Pine Castle if it is appropriate for you!

If you have specific questions or would like to learn more about DAFs, we recommend you speak with a financial advisor.