Donor Advised Funds (DAFs) are charitable giving accounts that let you deposit funds and receive an immediate tax deduction before donating to nonprofits like Big Reuse.
Select a sponsor below to access an existing DAF or to set up a new fund donating to Big Initiatives Incorporated dba Big Reuse, EIN 46-5083170
Don't see yours listed? Let us know at sarah@bigreuse.org and we'll add it.
How do DAFs work?
DAFs can be hosted by a local community foundation or financial institution. After you've selected your preferred DAF host, you can easily set up your account.
Why use a DAF?
Benefits of DAFs over traditional donations:
- Fast tax deduction - Once you contribute to a DAF, you'll typically get a tax deduction in that year no matter when you choose to donate funds you've put into the DAF.
- Flexibility for giving decisions - You can take your time deciding which charities to support and only distribute funds when you're ready, and your DAF sponsor can offer recommendations based on your funding interests.
- Simple paperwork and record keeping - Instead of tracking receipts from multiple donations, you get one consolidated record from your DAF sponsor.
- Donate appreciated assets - You can make contributions like stocks instead of cash.
- Potential for growth - DAF funds can be invested and grow tax-free, increasing your donations.