What are donor-advised funds? A donor-advised fund, or DAF, is an account into which you deposit assets for donation to charity over time. You, the donor, get a tax deduction for depositing assets in the fund. A sponsoring organization manages the account; you recommend how to invest and where to donate the assets. Who qualifies...
The article What Are Donor-Advised Funds? How DAFs Work originally appeared on NerdWallet.
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