What's a DAF?
For those of us who appreciate the value of charitable tax deductions, donor-advised funds (DAF) are hot and, more so than ever before, worth considering. Here’s why.
The 2018 tax law changes effectively limited the deductibility of individual charitable gifts on federal income tax forms, in return for doubling the standard deduction. To regain the benefits from itemization, total tax deductions, including those for charitable gifts, must reach a much higher threshold than in past years.
This is why DAFs are hot. Learn more about the easy process of
establishing a DAF and other strategies that you can use now to plan for your 2019 taxes.
Have a wonderful spring.
Marguerite C. Johnson ’61
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