Donor Advised Funds
Giving through donor advised funds allows for more engagement and less administration.
A Donor Advised Fund (commonly referred to as a DAF), is a giving vehicle that allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. They can be expendable, invested or endowed, depending on your needs and your giving goals.
Many families, businesses, and individuals use Donor Advised Funds in lieu of creating private foundations.
Please review PCF’s Donor Advised Fund Handbook for an overview of the Donor Advised Fund process and to review IRS regulations and prohibited/restricted grants.