<p>A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits while supporting Fences For Fido.</p><p>An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.</p><p><strong>What are the main advantages of a donor-advised fund?</strong></p><ul><li>Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.</li><li>Flexibility – Timing of your tax deduction can be separate from your charitable decision making.</li><li>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.</li><li>Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy.</li><li>No start-up costs – There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions.</li><li>No transaction fees – Once approved, 100% of your recommended grant goes to Fences For Fido.</li><li>Privacy if desired – Donors may choose to remain anonymous to Fences For Fido.</li></ul>