Donor-advised funds: What DAFs’ popularity may mean for philanthropy
Candid
DECEMBER 5, 2023
A growing philanthropic middle ground At their core, DAFs are investment accounts that can only be used for charitable giving. While the money in the fund is owned and managed by a financial firm, DAF donors still have a say in how and to which nonprofits its assets are distributed. It also rewards winners (i.e.,
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