Donor Advised Funds
A Donor Advised Fund (DAF) is a philanthropic account where you set aside money for charitable contributions. A DAF represents a flexible alternative to creating your own private foundation and to handling your own direct giving. Once established, you (or anyone you designate) can recommend grants to any Jewish or secular charitable organization of your choice.
Use our online access to easily recommend grants. There’s no check writing or mailing, and you have the option to “schedule” future grants.
Each time you deposit assets into your fund, you may receive an immediate charitable tax deduction. For gifts of long-term appreciated stock, you may avoid paying capital gains tax.
The assets in your fund continue to grow, to be used for future grants and for the opportunity to partake in multi-generational philanthropy.
Our Foundation processes your grants, maintains records and provides statements for tax reporting. Records are always available online.