Donor Advised Funds are quickly becoming one of the most popular vehicles for charitable giving. DAF grants have grown over 400% in the last decade and have no sign of slowing down in the foreseeable future. Right now there are over 1,200,000 individual DAF accounts in the United States, representing $234 billion of total assets.
DAFs have becoming increasingly popular because they have great benefits including being able to better manage the timing of contributions and substantial tax savings not available to traditional donations.
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