A donor advised fund is a tax-preferred philanthropic vehicle administered by a public charity sponsoring organization.
Organizations, families or individuals can establish a donor advised fund with an initial tax-deductible contribution to a public charity. (ImpactAssets is a charitable entity).
The contribution can be invested and donors can recommend grants to qualified nonprofit organizations over time. While you can recommend how the assets in the account are invested and granted, the contribution is irrevocable, cannot be returned to the donor and ImpactAssets retains full discretion as to the use of assets once donated Learn more.