Donor Advised Funds

Written By ASMH
 

A Donor Advised Fund (DAF) is similar to a charitable investment account that has been set up for the sole purpose of supporting charitable organizations. Individuals or married couples filing jointly can contribute cash, stocks, or other assets into the DAF and receive a tax deduction.

Donated funds are invested for tax-free growth, and the individual can recommend — or advise — single or recurring donations to tax-exempt 501(c)(3)s like Arch Street Meeting House Preservation Trust.

Arch Street Meeting House Preservation Trust

EIN: 45-4125404

320 Arch Street, Philadelphia, PA 19106

ASMH
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Qualified Charitable Distributions