Donor Advised Funds

What is a Donor Advised Fund?

A donor-advised fund, or DAF, is a giving vehicle established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time.

Who can establish a Donor Advised Fund?

Individuals, families and corporations may utilize this type of fund.

 

What is the process for creating a Donor Advised Fund at NCCF?

  1. Make a contribution of personal assets to NCCF. (The minimum contribution requirement to open a DAF at NCCF is $10,000.)

  2. Assign your account a name, advisors, and successors or charitable beneficiaries.​

  3. Choose where to invest your account. 

  4. At any time, recommend grants from your account to qualified charities. 

Donor Advised Funds

Charitable funds created by individual donors who want to be involved in granting out their funds. 

Mick and Colette Miller

Establishing a family culture of philanthropy

Happy Couple

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                                                                                       - Colette Miller