Donor-Advised Funds

What is a Donor-Advised Fund?

A donor-advised fund is a charitable giving vehicle that allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. One benefit for the donor is that by using this type of account, it is possible to separate the timing of your tax deductions from your decisions about giving. An easy way to think about a donor-advised fund is like a charitable savings account: a donor contributes to the fund and then recommends grants to their favorite charity when they are ready.

1. You make an irrevocable contribution of personal assets.
2. You immediately receive the maximum tax deduction that the IRS allows.
3. You name your donor-advised fund account, advisors, and any successors or charitable beneficiaries.
4. Your contribution is placed into a donor-advised fund account where it can be invested and grow tax-free.
5. At any time afterward, you can recommend grants from your account to qualified charities like USA Shooting.

If this sounds like something you'd like to learn more about, please visit the IRS website for more information HERE or speak with your own financial advisor.  Examples of organizations that operate donor-advised funds include the National Philanthropic Trust, Fidelity Charitable, Vanguard Charitable, and many others.

For more information or if you have any questions/comments please contact: or call 719-866-4883.