Donor-Advised Fund (DAF)
TaxesA tax-efficient charitable giving account where you contribute, receive an immediate tax deduction, and recommend grants to charities over time.
Example
Example: On a $75,000 salary, understanding donor-advised fund (daf) could save you hundreds or thousands at tax time. For instance, if you are in the 22% marginal bracket, knowing how donor-advised fund (daf) works helps you make smarter decisions about deductions, credits, and withholding. Check your tax picture with our income tax calculator.