How Can the Foundation Help you Create a Donor Advised Fund (DAF)?
A DAF is a sum of money given to a tax-exempt community foundation to hold and invest. Each year, DAFs distribute a percentage of the money they hold in the form of grants to charitable organizations, reflecting the advice and wishes of those who established the fund.
How Can the Greater Worcester Community Foundation Help with DAFs?
The foundation helps you find qualified 501(c)(3) public charities located anywhere in the United States, determines their eligibility, handles all of the administration of grant applications and distribution, and provides any advice or consultation needed to ensure you’re making the impact you intend.