Donor-Advised Funds (DAFs) are an increasingly popular vehicle for charitable giving because of their tax-savvy nature. They allow donors to put a large sum of money, stocks, or crypto into a charitable investment account (getting an immediate tax deduction) and pay out donations over time.
With over $228 billion currently sitting in DAFs, it’s crucial for fundraisers to feel confident soliciting these kinds of donations.
Watch Patrick Schmitt, co-CEO of FreeWill, to learn key takeaways from FreeWill’s 2024 Donor-Advised Fund Report.