Give when you can. Grant when it’s needed.
A donor-advised fund, or DAF, is a philanthropic fund established under an umbrella charity, like NPT UK, that administers the fund on behalf of the donor. A DAF allows donors to make charitable contributions, receive immediate tax benefits, and then recommend grants from the fund over time.
- You make an irrevocable contribution of personal assets, including cash, shares, property and more.
- You receive the maximum charitable tax benefit allowed.
- You name your donor-advised fund account, advisors, and any successors or charitable beneficiaries.
- Your contribution is placed into a donor-advised fund account where it can be invested and may grow tax-free.
- At any time afterward, you can recommend grants from your account to qualified charities.
Donor-advised funds are increasingly popular giving vehicles in the UK because they offer administrative convenience, cost savings and tax benefits.
