The Dos and Dont’s of DAFs

Donor-advised funds are a cost-effective, convenient and flexible estate planning tool, explains John Canady, CEO at National Philanthropic Trust UK

The Dos and Dont’s of DAFs

Donor-advised funds (DAFs) are the US’ fastest growing charitable giving vehicle, now outnumbering private foundations almost three times over.

UK-based advisors increasingly see DAFs as essential in estate planning, and they are an ideal choice for individuals and families seeking a convenient and cost-effective way to manage their philanthropy. So, when are DAFs the right choice for your client?



Defined as a philanthropic giving vehicle or a fund administered by a charitable sponsor, a DAF is basically a charitable savings account. DAFs are a less administration-heavy alternative to setting up a charitable trust or grantmaking foundation. They are easy to create (they can be established in a day) and require very little oversight from the donor, providing a simple way to streamline the process of giving.

Read (STEP Journal)
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