What is a Donor-Advised Fund?

Give when you can. Grant when it’s needed.

Donor-advised funds, or DAFs, are a philanthropic fund established under an umbrella charity that administers the fund on behalf of the donor.

A DAF allows donors to make charitable contributions, receive immediate tax benefits and recommend grants from the fund over time.

1. You make an irrevocable contribution of personal assets, including cash, shares, property and more.
2. You receive the maximum charitable tax benefit allowed.
3. You name your donor-advised fund account, advisors, and any successors or charitable beneficiaries.
4. Your contribution is placed into a donor-advised fund account where it can be invested and may grow tax-free.
5. 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.