3 ms·
In addition to the benefits described by the other commenters, DAFs also make it simple and cheap to donate appreciated securities (stock, etc.) For most small
by alexhutcheson 8y ago
In addition to the benefits described by the other commenters, DAFs also make it simple and cheap to donate appreciated securities (stock, etc.)
For most smaller nonprofits, accepting donations of securities can require lots of paperwork and incur expensive transaction fees. With a DAF, you can donate the security to the DAF, have the DAF sell it without tax consequences, and then have the DAF donate cash.