Donor-Advised Funds

Donor-Advised Funds (DAFs) are irrevocable and unconditional gifts which are placed in a separate fund with the Foundation. Strictly speaking, the donor retains no control over the contributed funds; however, the donor is allowed to make non-binding advisory recommendations for the use of his or her contributions. It is the policy of the Foundation to follow the recommendations of the donor, provided such recommendations are consistent with the ministry and values of the Foundation. There are substantial benefits in creating a DAF, which can include:

  • Reduced income, estate and property taxes.
  • Avoidance of capital gains taxes.
  • Immediate charitable income tax deduction.
  • Capitalizing on the appreciation in value of the property.
  • Excellent substitute for a private foundation.
  • Accelerating the work of ministry.

 For more information, contact us at 1-866-273-2549.