Donor-Advised Funds

A donor advised fund (DAF) is a charitable giving program that allows you to combine the most favorable tax benefits with the flexibility to support your favorite causes. If you have a donor advised fund, DAF Direct enables you to recommend grants to the Great Plains SPCA, directly from your DAF (as long as your DAF’s sponsoring organization is participating).

How it Works

  1. Establish your DAF by making an irrevocable, tax deductible donation to a public charity that sponsors a DAF program.

  2. Advise the investment allocation of the donated assets (any investment growth is tax free).

  3. Recommend grants to the charities you support, with the option of being recognized or remaining anonymous.

If you have a DAF, here’s how you use the DAFDirect form (located to the left)

  1. Select the sponsoring organization from the “Donate now from:” field.

  2. Specify “Great Plains SPCA” in the “Designation:” field.

  3. Enter the amount (in dollars) you would like to recommend in the “Amount:” field.

  4. Click on the “NEXT” button to proceed to the sponsoring organization’s website to complete your donor advised fund transaction.  Please note, you will be directed to an external website to complete your transaction.

Advantages of a DAF

  • Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.

  • Flexibility – Timing of your tax deduction can be separate from your charitable decision making.

  • Tax-efficiency- Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.

  • Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy.

  • No start-up costs – There is no cost to establish a  DAF. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**

  • No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice. **

  • Privacy (if desired)- Donors may choose to be acknowledged or remain anonymous.

 ** Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.

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