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Your impact
can last forever

• Leave a Legacy. Future generations will love you for it.
• You can create a fund that will give back to our community forever.
• Take advantage of numerous tax and financial benefits.
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Giving Home > How to Give > Donor Advised Fund (DAF)

Donor Advised Fund (DAF)

A donor advised fund is a simple, flexible way to support the causes you care about. You can make a gift to your fund at the Washington County Community Foundation, recommend grants to your favorite charities during your lifetime, and even involve your children in continuing your legacy of giving for years to come.

Looking for a way to make a lasting impact—both now and in the future? Want to simplify your charitable giving over time? A donor advised fund (or DAF) could be just what you need. It allows you to support the causes you care about, stay organized with your giving, and even involve your family in carrying your generosity forward.

Benefits of a donor advised fund

  • Establish a flexible vehicle for annual charitable giving
  • Benefit from a more tax and cost efficient alternative to a private foundation
  • Receive an estate tax deduction and savings from your gift
  • Obtain a charitable income tax deduction in the year of your gift

What is a donor advised fund (DAF)?

A donor advised fund makes giving easier and more meaningful. You can support the charities you care about during your lifetime—and when the time comes, your children can continue your legacy of generosity for years to come.

Donor advised fund video

How a donor advised fund works

  1. You make an initial, irrevocable gift of cash or stock to fund a DAF at Washington County Community Foundation.
  2. The assets in your DAF grow tax-free.
  3. You make recommendations on grants to be made from your DAF.
  4. When you pass away, your children may recommend charitable gifts from your DAF.

More on donor advised funds

A donor advised fund has several advantages when compared to a private foundation. The start-up time and cost are minimal for DAFs, and gifts to DAFs are generally deductible at fair market value. A DAF is also not subject to the distribution requirements and certain excise taxes faced by private foundations.

Contact us

If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.