What Philanthropists Should Understand About Donor-Advised Funds
There are many ways to participate in philanthropic activities. Donor-advised funds, though, represent one of the more interesting tools available. If you're thinking about setting up a DAF, though, you should understand what one is and how the optimal version of one works. Charitable Account A public charity can provide accounts for individuals or organizations with philanthropic aims. The goal of a DAF is to invest the funds with an eye toward growth.