Donor Advised Fund
Become a Donor-Advisor
What is a donor-advised fund?
A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities.
How It Works
Use the below widget to establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program.
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Advise the investment allocation of the donated assets (any investment growth is tax-free)
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Recommend grants directly to the National Urban League
Advantages
Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
Flexibility – Timing of your tax deduction can be separate from your charitable decision making.
Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy. No start-up costs – There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).** No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice.**
Privacy if desired – Donors may choose to remain anonymous to the grant recipient.
If you have any questions, please contact Ms. Topaz Spooner-Lay via Tspooner-lay@nul.org
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