Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.  
Flexibility – The timing of your tax deduction can be separate from your charitable decision-making.  
Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long-term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.  
Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy.  
No start-up costs – There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**  
No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice.**  
Privacy if desired – Donors may choose to remain anonymous to the grant recipient.  
 
** Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.