For Donor Advised Fund we have terms and definitions in 5 topics. The topics are Charitable Donation, Charitable Giving, Fundraising, Grantmaking and Philanthropy.

Donor Advised Fund (Charitable Donation)

A vehicle by which individuals or organizations make an irrevocable, tax-deductible contribution to an organization, then recommend to that organization how the gift should be distributed. The gift from the donor is invested, creating an opportunity for the gift to grow.

Donor Advised Fund (Charitable Giving)

A donor advised fund is generally a public charity (or part of a public charity) that holds contributions from donors as separate accounts Donors can establish an account in a donor advised fund by making a contribution to the fund. The contribution is irrevocable and is eligible for an immediate tax deduction. Although the donor no longer controls the funds once contributed, they can recommend grants to other charitable organizations, and in the case of the Schwab Fund for Charitable Giving, how their contributions are invested. Such recommendations are non-binding and advisory.

Donor Advised Fund (Fundraising)

A fund held by a community foundation or other public foundation where the donor, or a person or committee appointed by the donor, may recommend eligible charitable recipients for grants from the fund. The community foundation’s governing body must be free to accept or reject the recommendations. See also:Legal Endowments, Non-Discretionary Fund, Restricted Fund, Restricted Funds, Restricted Grant, Restrictions

Donor Advised Fund (Grantmaking)

A fund held by a community foundation or other public foundation where the donor, or a person or committee appointed by the donor, may recommend eligible charitable recipients for grants from the fund. The community foundation’s governing body must be free to accept or reject the recommendations. See also:Legal Endowments, Non-Discretionary Fund, Restricted Fund, Restricted Funds, Restricted Grant, Restrictions

Donor Advised Fund (Philanthropy)

A fund held by a community foundation or other public charity, where the donor, or a committee appointed by the donor, may recommend eligible charitable recipients for grants from the fund. The public charity's governing body must be free to accept or reject the recommendations.

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