Donor Advised Funds (DAF) allows a donor to create centralized repository to manage their charitable giving. Making giving both easy and impactful. A DAF is established with a $10,000 gift of cash, securities, or other appreciated assets. The donor then makes recommendations on how they would like to distribute their funds to ministries and nonprofits at any time. Grants can be made to any 201(c)(3) nonprofit organization that is in line with the teachings of the Catholic Church. The donor receives an immediate tax deduction for their gift as well as keeping complete anonymity, if desired. There are no requirements for minimum distributions annually and additional contributions to the DAF can be made at any time.
There is a small fee associated with Donor Advised Funds, kindly click below for our fee schedule.