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.
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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?
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Make a contribution of personal assets to NCCF. (The minimum contribution requirement to open a DAF at NCCF is $10,000.)
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Assign your account a name, advisors, and successors or charitable beneficiaries.​
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Choose where to invest your account.
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At any time, recommend grants from your account to qualified charities.
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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
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