Individual Article Image

What is a Donor-Advised Fund?

A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations you care about.

When you contribute cash, securities, or other assets to a donor-advised fund at a public charity, like NCF, Waterstone, or others, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth and you can recommend grants to virtually any IRS-qualified public charity. 

When you give, you want your charitable donations to be as effective as possible. Donor-advised funds are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity. By the way, you can give anonymously as well if you want. 

See this Scott Thomas video on "What is Donor Advised Fund?" 

Not all donor advised funds are the same. Administration costs vary, and investment options, support, and service varies a lot as well. 

For example: what if you wanted to gift real estate or business interest? Most DAFs would not offer help, but rather refer you to get an attorney and team of advisors. 

Would you like to engage an experienced chartered advisor in philanthropy and giving strategies across large spectrum of giving be helpful? Or do you know exactly what you want to do and how, and simply want an efficient portal and an 800 number to get on your way? 

Check out my other videos and subscribe to Stewardship Matters on YouTube. Or reach out to me


This content and information was created by a third party and not The College. The College assumes no legal liability for the accuracy, completeness, or usefulness of any such content and information and the views expressed therein do not necessarily represent the views of The College.

Get Your Finances In Order

Your financial situation plays a big role in whether or not you reach your goals in life. Our network of professionals has the guidance you need to manage your finances well.

Find a professional