A donor advised fund (DAF) is a type of giving program administered by a third party that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. It is created for the purpose of managing charitable donations on behalf of an organization, family or individual. Donor advised funds allow donors to give cash, stock and other assets where the donor receives an immediate tax deduction when the contribution is made, but can grant specified amounts to the charities of their choice at a later time.
How It Works
1. Establish your donor advised fund by making an irrevocable, tax-deductible donation to a donor advised fund program.
2. Recommend grants to qualified public charities of your choice.
As you consider your charitable giving plan, please consider a grant to the association. Grants can be made to the association directly from our website. Neither you nor the association will incur any download or transaction fees. Use your donor advised fund today to join our fight against cardiovascular diseases and stroke, the nation’s #1 and #4 causes of death.