The Lilly Family School of Philanthropy at the University of Indiana has projected that fundraising revenue may face new pressure under recent tax law changes. Why? Donors who itemize will receive less of a tax deduction for their charitable giving. 

 

That is, unless you step in as a Generosity Guide™ and help them shift their giving behavior to preserve their tax benefits.  

 

The Donor-Advised Fund (DAF) is an even more important tax-smart tool than before. Once considered primarily for high-net-worth donors, DAFs are now accessible to every intentional donor. We’ve done the research to prove it.  A broad range of service levels and costs mean that you can confidently recommend the DAF as a tax-smart solution to itemizing donors.

 

 

 

 

 

 

 

 

The Democratization of the DAF:

Our DAF Provider Comparison Sheet is designed to give you a quick overview of the expansive DAF marketplace. It is a subset of all the options available and providers can change their fees at any time, but it’s meant to show you there is a DAF for every intentional donor.

 

This tool will make you a more knowledgeable Generosity Guide and get you started. Take a look at the range of DAF providers and encourage your donors to do their own homework. 

 

Perhaps the best guidance we can give a budding Generosity Guide is to consider opening up your own DAF. This is the best way to see what a terrific tool this is for intentional donors. It is easy, more strategic, and minimizes paperwork at tax time. And did we mention it's a tax-smart donation tool?

 

At Donor Boom, we believe fundraisers can play a powerful role as Generosity Guides™. This resource is one way to support that work!