Skip navigation

Donor-Advised Funds: Flexible, Efficient Donor-Centric Philanthropy

Rebutting the critics.

Donor-advised funds (DAFs) have dramatically grown in popularity and significance in recent years.1 First used in the 1930s as described below, DAFs have become the most flexible, least complicated and most economical way for many donors to irrevocably dedicate their resources to charity and yet retain an advisory role in how those resources are eventually deployed. Simply put, a DAF is a designated fund at a sponsoring organization (SO) that’s been recognized for federal tax


Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).

If you are interested in unlimited article access for one year, please select Annual Subscription below.

TAGS: Philanthropy
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.