Donor Advised Fund (DAF)
- Donor Advised Fund (DAF)
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 Pilgrim Baptist Church. DAFs are an excellent way to both simplify your giving and facilitate your strategic philanthropic goals. Some of the benefits of this method of giving is that:
You’ll enjoy an immediate income tax deduction based on the fair market value of your gift.
You centralize the investment and administration of your gift assets.
You can select one or more successor advisors and they can recommend investments and grants after you are unable to do so thus allowing your successors to carry on your legacy.
You essentially become a partner in Pilgrim’s mission by making an important impact on and can advise the church on distributions to other qualified charities.