Donor Advised Funds
A Donor Advised Fund (DAF) is a simple way to manage your charitable giving. It combines the most favorable tax benefits with the flexibility to support your favorite life-saving causes, including The Humane Society of Loudoun County (HSLC). DAFDirect enables you to recommend grants to HSLC directly from your DAF as long as your DAF’s sponsoring organization is participating.
If you already have a DAF established and would like it to benefit HSLC, you can use DAFDirect below to get started. Simply type in the name of your fund, list The Humane Society of Loudoun County as the designated charity and indicate the amount you’d like to give. Then click “Next” to complete your recommendation.
Donor Advised Funds can be established at many financial institutions or community foundations. HSLC does not directly manage Donor Advised Funds and doesn’t give individual tax advice, so please always consult your professional tax advisor on how a Donor Advised Fund might impact you specifically.
Generally speaking, contributions and/or grants from a donor’s DAF can be made to one or more charitable organizations, and a donor may receive benefits including:
- An immediate federal tax deduction generally available in the year that contributions to the DAF are made in accordance with applicable law
- The flexibility of having one source to coordinate charitable giving, without many of the costs and administrative obligations of a private foundation
Thank you for your continued support.