About Donor Advised Funds
A donor advised fund (DAF) is a flexible and effective way to support the causes you care about. Individuals, families, and businesses can establish a DAF at Colorado Gives Foundation, which expertly manages the fund and simplifies the giving process. With a DAF, donors can enjoy immediate tax benefits upon contributing to the fund, while having the freedom to support nonprofits at their convenience. A DAF at Colorado Gives Foundation is a great option for those seeking convenience, personalized support and a desire to make a difference in their communities.
How do Donor Advised Funds work?
At Colorado Gives Foundation, starting a donor-advised fund is easy and accessible, requiring only an initial contribution of $5,000 in cash, securities, or other assets. Once established, your fund is carefully managed, invested, and grows tax-free, allowing you to maximize the impact of your giving.
In addition to the immediate tax benefits you receive with each contribution, you also have the flexibility to support the causes and nonprofits that matter most to you by making grant recommendations from your DAF. Our knowledgeable team at Colorado Gives Foundation is here to support you every step of the way, providing guidance on community needs and helping you make informed grant decisions. You can even invite family members or others to serve as advisors to your fund and share in the joy of giving.
Colorado Gives Foundation takes care of all the details, including verifying charities’ 501(c)(3) status, approving grants, and distributing funds. With a donor-advised fund at Colorado Gives Foundation, you can focus on making a difference in your community, knowing that we’re here to help you every step of the way.
Connect today with our Philanthropic Services team to establish your Donor Advised Fund.Connect with Our Team