Jill on Money with Jill Schlesinger A Simple, Tax-Smart Account for Charitable Giving
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Nov 21, 2025 Fred Kaynor, Managing Director at DAFgiving360, dives into the world of donor-advised funds (DAFs) and their impact on charitable giving. He explains how DAFs work, highlighting the benefits of donating appreciated stock to avoid capital gains taxes. As the charitable giving season approaches, Fred addresses upcoming tax-law changes, urging listeners to maximize their deductions before 2026. Discover how families and modest donors can make a difference and learn about various assets that can be donated, from cryptocurrency to real estate.
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How Donor-Advised Funds Work
- A donor-advised fund (DAF) is an account for charitable giving with contribute, invest, and grant steps.
- Donors get an immediate tax deduction when they contribute and can invest before granting to charities.
Start A DAF With Any Size Gift
- Open a DAF even with small amounts because many providers have no minimums and you can fund gradually.
- Use family gifting through a DAF to teach philanthropy and involve children in choosing charities.
Give Appreciated Stock To Avoid Capital Gains
- Donate highly appreciated securities directly to a DAF instead of selling them first to avoid capital gains tax.
- You receive an immediate fair market value deduction and the charity benefits from avoided capital gains.