Join the North Alabama AFP Chapter for an exciting Luncheon!
Donor Advised Funds
One of the hottest trends in philanthropy is the use of donor advised funds, which allow donors to get an immediate tax deduction for their charitable donations but to distribute their money to charity over time. Nationally, contributions to donor advised funds grew 23.5 percent, or $17.3 billion, in 2013, bringing the assets invested in these charitable instruments to $53.7 billion, according to the National Philanthropic Trust. This pace of growth has far exceeded the growth of giving through other charitable vehicles or the growth of charitable donations in general. Contributions to donor advised funds now represent about 7 percent of all individual charitable donations.
What do fundraising professionals need to know about donor advised funds and about how to work with donors who use these charitable instruments? The August meeting of the Association of Fundraising Professionals will feature the following individuals who use donor advised funds as part of their charitable giving strategy:
Come learn more about why a donor may choose to use a donor advised fund, as well as special rules that apply to gifts that your organization may receive from these funds.