Donor Advised Funds
These funds help organizations, families and individuals manage their charitable giving and should be considered by all those who have enjoyed appreciation in the value of their digital assets.
Many who have generated large profits from their investments in digital assets want to make charitable contributions – but they haven’t decided which charities to support. DAFs help you solve this dilemma.
By donating to a DAF, you receive an immediate tax deduction for the amount you contribute. And if your donation consists of appreciated assets, you avoid capital gains taxes – giving you a double tax benefit!
DAFs offer you one additional important feature: you don’t have to immediately identify the charities to receive your gift. In fact, you can defer this decision for years. In the meantime, your donation will be invested in the stock and bond markets via mutual funds managed by the DAF organization.
DAFs should be considered by everyone who has enjoyed appreciation in their digital assets.