Donor-advised Funds

What is a Donor-advised Fund?

A donor-advised fund (DAF) is a charitable giving account that lets you contribute assets, like cash or stocks, receive an immediate tax deduction, and recommend grants to your favorite nonprofits over time.

It’s a simple, flexible way to turn your generosity into immediate action—like providing clean, safe water to communities that need it now.

Why is it important?

1. DAFs are the fastest-growing vehicle for charitable giving, with over $229 billion in assets and $52 billion granted to nonprofits in 2022 alone.
2. DAFs empower you to support the causes you care about in a strategic, intentional way. By setting funds aside when it’s financially smart, you ensure you’re always ready to respond to urgent needs or invest in long-term solutions.
3. Contributions to a DAF are tax-deductible immediately and grow tax-free.

Have questions?

We’re here to help. Whether you’re just exploring your options or ready to make a gift, we’re happy to talk through your giving goals.

Amy Prewitt
Director of Donor and Office Services
Phone: 512-200-7312
Email: amy@wellawareworld.org