Donor Advised Funds
A donor advised fund (or DAF) might be a great solution for you. You can use a DAF to distribute gifts to charities of your choice. With a DAF, you can make gifts to New Pathways for Youth during your lifetime, and when you pass away, your children can inherit and continue your legacy of giving.
You enjoy several benefits with your donor advised fund
- Establish a flexible vehicle for annual charitable giving
- Benefit from a more tax and cost-efficient alternative to a private foundation
- Obtain a charitable income tax deduction in the year of your gift
How a donor advised fund works
- You make an initial, irrevocable gift of cash or stock to fund a DAF at a sponsoring organization
- The assets in your DAF grow tax-free
- You make annual recommendations on gifts to be made from your DAF
Gifts from your donor advised fund
Your donor advised fund has several advantages. You can make one larger gift to a DAF and then recommend grants to New Pathways for Youth. We will acknowledge your generous gift as a DAF distribution. Contact our philanthropy team at philanthropy@npfy.org or
call (602) 258-10121 for more information.
*This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.
For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.