A donor-advised fund, or DAF, is a philanthropic vehicle established at a public charity that allows donors to make a charitable contribution, receive an immediate tax benefit, and then recommend grants from the fund over time. DAFs are typically composed of contributions made by individual donors and once the donor makes the contribution, the sponsoring organization has legal control over it. However, the donor, or the donor's representative, retains advisory privileges with respect to the distribution of funds and the investment of assets in the account.
This year, for the first time, Fidelity Charitable Gift Fund knocked United Way Worldwide out of the No. 1 spot in this year’s ranking of charities by dollars raised. This changing of the guard in American philanthropy is a sign of how the competitive landscape and donor interests are evolving. What do these changes mean for nonprofits and for development executives? What trends explain these changes and how can civil society adapt? This luncheon aims to demystify DAFs and illuminate the landscape for fundraising professionals and nonprofit leaders. The luncheon includes a presentation and Q&A discussion.
Registration for this event is REQUIRED.
$25 for non-DER members and $15 for DER members.
To receive the discounted luncheon rate, please log-in to your account before registering.