What is a Donor-Advised Fund?

Varying statistics show that 34-50% of charitable giving is done in the last three months of the year! With 12% of donations in the last three days of December, so it is no surprise that you may be getting many requests this time of year. We hope that you enjoy the bounty of the holiday season, and we are forever grateful to our members for the years of support they have given PSR Philadelphia / PA. We work every month, but reach out to you most for support at the end of the year.

One way to give to an IRS-qualified public charity is through a Donor-Advised Fund (DAF). Here are a few links for information about Donor-Advised Funds.

Many thanks to our members who have recommended contributions to us through their DAF, we are honored to be remembered during this charitable season.

The Economist - A philanthropic boom: “donor-advised funds”

Investopedia - Donor-Advised Funds: The benefits and drawbacks