A donor advised fund (DAF) is a charitable giving program that allows you to combine favorable tax benefits with the flexibility to support your favorite causes. An increasingly popular charitable vehicle, DAFs are an excellent way to simplify your charitable giving and facilitate your philanthropic goals. Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
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