Help is out there, you are not alone
Help is out there, you are not alone
Philanthropists have used Jewish Communal Fund’s (JCF) Donor Advised Funds (DAFs) to support their charitable priorities for more than five decades. A DAF is an easy and efficient way to manage charitable giving and receive immediate tax benefits. JCF is the only DAF that itself makes a $2 million unrestricted gift to UJA’s annual campaign each year and funds several high-priority special projects through UJA annually. These projects promote the welfare and security of the Jewish community at home and abroad.
A Donor Advised Fund (DAF) is a philanthropic vehicle that allows individuals, families, and organizations to make charitable contributions, receive immediate tax deductions, and then recommend grants to qualified nonprofit organizations.
No, DAFs can’t be used to pay for tickets to events, since such tickets usually have a non-tax-deductible portion that covers the cost of event attendance.
DAFs can be set up in such a way that they involve multiple generations of a family in charitable giving. This can help instill philanthropic values in younger family members and create a lasting legacy of giving.