A Vital Pipeline: How Donor-Advised Funds Engage New Donors and Boost Communities – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy
Editor’s Note: As the debate over donor-advised funds heats up, we’re keen to air all sides at Ins…
DAFs and other philanthropic vehicles are fantastic tools for building your charitable giving plan on purpose, with purpose. I like to think of them as “philanthropy accounts” similar to retirement accounts : You set aside money for a specific purpose and (maybe) take a tax deduction now. It allows for a period of concentrated decision making for charitable gifts so you can select the programs and organizations where you want to have the most impact. It encourages donors to design a thoughtful plan that fits in with their vision, purpose and strategy for life. DAFs are growing and may become THE preferred philanthropic vehicle for millions of middle-market philanthropists.
“Far from allowing donors to “warehouse” their charitable gifts, DAFs allow donors to guide funds to future causes with intentionality and intelligent direction.” (emphasis mine)
Posted on March 19, 2015, in Uncategorized. Bookmark the permalink. Leave a comment.
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