Broker Check

InnerBanks Wealth Management - Greenville, NC

Donor Advised Funds

What Is a Donor-Advised Fund? 

A Donor-Advised Fund (DAF) is a charitable tool which offers donors the opportunity to make immediately deductible charitable contributions while retaining some influence over the charitable purposes for which those contributions are ultimately used. The assets inside the DAF are invested and professionally managed (often by the donor’s current financial professional), offering the potential for contributions to grow and potentially result in larger charitable gifts.