A Donor Advised Fund (DAF) is a centralized vehicle for charitable giving that allows donors to easily allocate funds to support their favorite nonprofit organizations. DAFs provide a simple and tax-efficient way to manage charitable contributions, offering an immediate tax deduction when donating cash, securities, or other assets. From there, donors can recommend grants to IRS-qualified nonprofits, such as the Society of St. Vincent de Paul. This approach is both convenient and impactful, allowing resources to make a meaningful difference in the lives of those in need.

With DAFs, individuals, families, and businesses make an irrevocable gift to a public charity, such as SVdP, that sponsors a donor-advised fund program. Donors can recommend grants over time to IRS-qualified 501(c)(3) public charities and involve family members or colleagues in their philanthropic decisions. Most DAFs accept donations of long-term appreciated securities and other assets, allowing donors to advise on how the funds are invested, which could lead to tax-free growth and more support for SVdP Exeter.