At the Inspiring Generous Joy (now WDW Signature Event) experience, we talk about a Giving Fund or a Donor Advised Fund, but what is it? A Giving Fund works like a charitable checking account, but instead of depositing and writing checks, you contribute all types of assets, receive an income tax deduction at the time of the donation, and then go online to recommend grants to your favorite ministries and churches.
It’s SIMPLE: Easy to set up and begin granting
It’s FLEXIBLE: Deduct now, grant later
It’s SMART: Significant tax advantages over traditional giving and private foundations
It’s CONVENIENT: Manage all your giving online, anytime and eliminate the paperwork
It’s ANONYMOUS: If you’d like, you can send your grants anonymously to avoid solicitation
It’s GROWING: Charitable assets can be invested for long-term growth
It’s FUN: Recapture the joy of giving as you lead your family and pass on values before valuables
For more information, see National Christian Foundation (info taken from their site).
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