What is a Donor-Advised Fund (DAF)?
A Donor-Advised Fund (DAF) is basically a simple, flexible way to manage your charitable giving. You set up an account through a sponsoring organization (like a foundation or financial institution), and contribute assets such as cash, stocks, or even real estate directly into it.
Once you make a contribution, you get a tax receipt right away. From there, the funds can be invested and grow tax-free. When you’re ready, you can recommend donations to charities you care about—like Carty House—on your own timeline.
There are several ways you can donate to Carty House using your DAF. You can recommend a one-time donation, set up recurring gifts, or incorporate legacy planning by naming Carty House as a DAF beneficiary.
Why people like Donor-Advised Funds
Instant Tax Receipt
You receive a tax receipt for the full amount of your donation in the year you contribute, even if you choose to distribute the funds later.
Give on Your Schedule
You don’t have to decide everything at once. A DAF lets you take your time and support organizations like Carty House when it feels right.
Grow Your Impact
Because the funds can be invested, your donation has the potential to grow over time—meaning you can give even more down the road.
Less Admin, More Giving
The organization managing your DAF takes care of the paperwork, tax receipts, and sending out donations, so you can focus on the causes you care about.
Create a Lasting Impact
You can set up your DAF to continue after your lifetime and even name someone to carry on your giving—helping support places like Carty House for years to come.