Donor-Advised Funds

An Easy, Effective Way to Give
An increasingly popular giving method, a donor-advised fund (DAF) is a centralized vehicle for charitable giving that makes it easy for donors to dedicate funds to support their favorite nonprofits. DAFs also provide an operationally convenient and tax-efficient method for donors to manage their charitable giving.

DAF Direct
The DAF Direct widget enables you to easily recommend a grant to Lifehouse from your DAF with Fidelity Charitable, Schwab Charitable or Greater Kansas Community Foundation (more sponsors may be added in the future).

If your sponsoring organization is not supported by the DAF Direct widget, you can still designate a grant to Lifehouse. Simply contact your sponsor to make the designation. If you’d like to set up a DAF, our friends at Marin Community Foundation can help.

How Donor-Advised Funds Work
With a DAF, charitably inclined individuals, families and businesses make an irrevocable gift to a public charity that sponsors a donor-advised fund program, and may take an immediate tax deduction. Donors can then recommend grants over time to IRS-qualified 501(c)(3) public charities. DAFs also allow donors to approach their charitable giving thoughtfully by involving other family members or colleagues in their philanthropic decisions. Most DAFs accept donations of long-term appreciated securities and other assets, and donors can advise how the funds are invested which could potentially allow tax-free growth, which could result in more money for your charity.

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