What is a donor-advised fund?

A donor-advised fund (DAF) is a type of giving program that provides you with the flexibility to support animals through PAWS Atlanta while enjoying favorable tax benefits. It’s a great way to simplify your charitable giving, while helping to save lives.

What are the tax benefits of a donor-advised fund?

Your DAF contributions are immediately tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long-term appreciated securities, which eliminates capital gains taxes and allows you to support multiple charities from one block of stock. You receive one tax receipt. DAFs are also flexible. The timing of your tax deduction is separate from your charitable decision-making.

What are some other benefits to DAFs?

DAFS are simple. They allow you to avoid the administrative and legal burdens of forming a private foundation while preserving the joys of charitable giving. The DAF sponsor handles all record-keeping, disbursements, and tax receipts. The DAF manager also takes care of vetting and qualifying charities. All you have to do is dictate where to send the checks. 

How does a DAF work?

Simply ask your financial advisor to designate a gift to PAWS Atlanta. And please let us know when you do, so we can say thank you!

If you have questions, or to notify PAWS Atlanta of your DAF gift, please contact our Controller, Darren Huennekens.