Donor Advised Funds

A donor-advised fund (DAF) is an investment account with the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities, or other assets to your DAF, you’ll enjoy an immediate tax deduction—and easily support the ACLU of Maine Foundation and other charities that matter to you, on your schedule.

You can make one-time gifts or set up recurring monthly donations. You can give to one charity or multiple, all from a single DAF.

DAFs are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give.

DAFs can be easily set up through your financial institution or through a community foundation to serve as a flexible charitable giving vehicle. For more information on how to establish a DAF, contact your community foundation or financial advisor.

Benefits of using a DAF

• Easily contribute a wide range of assets to a single, philanthropic fund.
• Centralize your giving and record-keeping in one location.
• Make an impact in the world—and enjoy an immediate tax deduction.
• Sustain the charities most important to you by establishing recurring DAF gifts.
• Your DAF sponsor can help you identify and vet qualified nonprofit organizations that align with your values.
• Respond quickly as crisis moments arise.
• Eliminate capital gains on donated stock.
• Invest your donation for tax-free growth.
• Support your legacy planning—many DAF sponsors allow you to pass the remaining funds in your account at your death to your favorite charities.
• Start a legacy of giving—involve your children and discuss why giving is important to you.

For more info or to get started on the process, please reach out to our Development Director Kim, at [email protected].