A donor advised fund is a philanthropic vehicle established at a public charity like a Community Foundation.  It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. A donor advised fund is like a charitable savings account. The donors contribute to their funds as frequently as they like, then recommend grants to their favorite nonprofits, schools or faith based organizations from the fund when they are ready.

For detailed information about donor advised funds here at the Community Foundation, see our Donor Handbook.