What is a Donor-Advised Fund (DAF)?
A donor-advised fund, or DAF, is a philanthropic vehicle established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. If you have a donor advised fund with Fidelity Charitable Gift Fund or Schwab Charitable, you can use the DAF Direct link to the right to recommend grants to the President & Fellows of Middlebury College.
How a Donor-Advised Fund Works