A donor-advised fund (DAF) is a philanthropic giving vehicle that provides an immediate tax benefit to you, and allows you to grant funds to charities of your choice. DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.
After establishing a DAF, the donor may recommend grants to qualified public charities. They may also advise the sponsoring organization on the investment strategy for the charitable assets.
As an IRS-qualified 501(c)(3) charity organization, RIZE Massachusetts Foundation is grateful for the opportunity to receive grants awarded by donor advised funds.