What is a Donor-Advised Fund (DAF)?
 

• A DAF is a charitable giving account where donors contribute funds to a sponsoring organization and recommend grants to charities of their choice, retaining advisory privileges.

 

• It's a way to simplify charitable giving.

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How Does It Work?

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• Donors contribute to a fund, which is then managed by the sponsoring Community Foundation or Financial Institution. They can then recommend grants to a 501c3 (non-profit organization) of their choice.

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​Benefits of Using a DAF:​

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• Tax-deductible contributions, tax-free growth of assets, and the ability to support multiple charities over time.

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Easy Steps to Recommend a Grant:​

 

​To recommend a grant to support our work, please contact your DAF sponsoring organization and provide the following information:

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• Holocaust Museum LA

• EIN 46-0503824

• The amount of the recommended grant.