Donor Advised Fund
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A Donor Advised Fund (“DAF”) is an account with a public charity that permits the Donor to “advise” the charitable use and investment of the funds. Contributions to a Donor Advised Fund are a completed charitable gift and tax deductible. A DAF must be used for charitable purposes. A DAF is one type of “Family Foundation.” See, www.LegacyGlobal.org
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