WHAT IS A LEGACY DONOR ADVISED FUND?
A Donor Advised Fund (DAF) is an excellent method for maximizing and simplifying the giving
process. It is a fund that is administered by our ministry to manage charitable donations on
behalf of individuals, families, or organizations.
WHY GIVE TO A LEGACY DAF INSTEAD OF DIRECTLY TO A
MINISTRY?
Legacy possesses the financial and legal structure as well as real estate and tax expertise
needed to handle most types of gifts. Many ministries do not. Gifting assets directly to a charity
can sometimes present unforeseen dificulty. However, when you gift through a DAF, Legacy will
handle associated processes or requirements and then distribute the proceeds to the charity
you have designated.
WHAT ARE THE ESTATE PLANNING AND TAX BENEFITS?
A DAF allows you to make changes to your estate plan, without having to change your will or
trust. It also allows you to avoid capital gains tax on appreciated assets you contribute, maximize deductibility of your donations, and simplify your record keeping.