Donor Advised Fund
Harness the Giving Power of a Private Foundation!
Get More From Your Donor Advised Fund (DAF)
Ensure you’ve made the most of your donor advised fund—for your family and for Camp Allegheny.
A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Camp Allegheny. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Take Action! Visit Your Fund
You can also create a lasting legacy by naming “Camp Allegheny Inc.” the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
DAF Basics
An Example of How It Works
Joe and Laura want to give back to their hometown by putting their money where it will do the most good. They establish a $25,000 donor advised fund with a community foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.
After researching community needs with the foundation’s staff, Joe and Laura recommend grants to “Camp Allegheny Inc.” (which they’ve supported for years). The foundation presents Camp Allegheny with a check from the “Fund”. They name “Camp Allegheny Inc.” as the beneficiary to receive the account balance after their lifetimes. Joe and Laura are delighted to start this personal legacy of giving.