A DAF is a philanthropic vehicle established at a public charity like MCF. It allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. DAFs garner maximum tax advantages allowed by law, and significantly greater than that allowed for private foundations. They can be opened quickly and easily and are incredibly streamlined to administer. DAFs are the only charitable giving vehicle that allows donors to make grants 100% anonymously, so if you prefer to maintain privacy in your giving, you may. DAFs at MCF can live in perpetuity, meaning that you can establish a family tradition of giving that lasts forever.
Open your fund with a tax-deductible contribution of cash, stocks, real estate, art... and give it a name
Grow your fund by choosing among a variety of investment options
Recommend grants at any time, anywhere in the world, to any eligible charity
Manage your giving either online or with your philanthropic advisor