Donor Advised Fund (DAF)
A donor advised fund is a way to simplify your giving by making a gift to a fund with Seattle Art Museum that can distribute gifts to the charities of your choice during your lifetime and help your children carry on your legacy of giving after you are gone.
A donor advised fund (or DAF) might be a great solution for you. You can use a DAF to distribute gifts to numerous charities. With a DAF, you can make gifts to charity during your lifetime, and when you pass away, your children can carry on your legacy of giving.
You enjoy several benefits with your donor advised fund
- Establish a flexible vehicle for annual charitable giving
- Benefit from a more tax and cost efficient alternative to a private foundation
- Obtain a charitable income tax deduction in the year of your gift
How a donor advised fund works
- You make an initial, irrevocable gift of cash or stock to fund a DAF at Seattle Art Museum.
- The assets in your DAF grow tax-free.
- You make annual recommendations on gifts to be made from your DAF.
Gifts from your donor advised fund
Your donor advised fund has several advantages. You can make one larger gift to a DAF and then recommend grants to us and other nonprofits. You can use the "Make a Gift From My DAF" tool to contact your DAF provider and make a grant. We will acknowledge your generous gift as a DAF distribution.
Contact us
If you have any questions about donor advised funds, please contact us. We would be happy to assist you and answer any questions you might have.
Keep us thriving with your gift
