A Flexible, Tax-Smart Way to Give to KON: Donor-Advised Fund (DAF)
A Donor-Advised Fund (DAF) is a simple and efficient charitable giving account that allows you to contribute, grow, and recommend grants to your favorite nonprofit organizations all in one place. With a DAF, you can make a tax-deductible donation now and choose later which charities to support, providing flexibility for both strategic and spontaneous giving. You can set up an over-time distribution from the fund to benefit KON over a longer period of time.
KON recommends our long-time Financial Advisor and KON Honorary Member, [email protected] to assist you.
Whether you give regularly or are planning a major contribution, a Donor-Advised Fund offers an easy, impactful, and tax-wise way to manage your philanthropy.
How It Works
1. Contribute cash, securities, or other assets to your Donor-Advised Fund.
2. Receive an immediate tax deduction for your contribution.
3. Invest and grow your fund for future giving.
4. Recommend grants to qualified charities on your schedule.
Benefits of a Donor-Advised Fund
• Simplifies charitable giving and recordkeeping
• Provides an immediate tax deduction while allowing time to plan your gifts
• Allows your investment to grow tax-free, increasing your charitable impact
• Supports multiple nonprofits through one convenient account
• Enables family or legacy giving with flexible timing and anonymity options
