Donor Advised Funds
Donor Advised Funds
A donor advised fund, or DAF, is a giving account that allows you to make a charitable contribution through the public charity fund of your choice, receive an immediate tax deduction, and then recommend grants from the fund over time. Donors can contribute to the fund as frequently as they like, and then recommend grants to CASA of St. Louis and other organizations when they choose.
When you establish your DAF, you make an irrevocable contribution of personal assets which could include cash, stock, real estate, and more. Your contribution is recorded as a donation to CASA of St. Louis, and the balance will be reflected in your donor-advised fund account. Because a public charity houses the fund, donors receive the maximum tax deduction available.