Power Your Advice Episode 297 – Maximizing Charitable Impact Through Donor-Advised Funds with Fred Kaynor
Today we welcome back Fred Kaynor, Managing Director at DAFgiving360
. Fred explains how donor-advised funds have become an effective way for individuals and families to maximize their charitable giving, making the process simple, tax-smart, and impactful. Since inception, DAFgiving360 donors have granted more than $44 billion to over 280,000 organizations, including a record $8.9 billion last year alone.
Fred highlights the trends shaping philanthropy today, from year-round giving and surging disaster relief support to the rise of socially responsible investment strategies inside DAF accounts. He also underscores the growing role of financial advisors, with nearly 80% of DAFgiving360 accounts now advisor-led, as clients look for guidance on how charitable planning fits into their broader wealth strategy.
If you’d like to learn more about working with DAFgiving360 and the benefits to both you and your clients, review their online resources or request more information.
DAFgiving360 is the name used for the combined programs and services of Donor Advised Charitable Giving, Inc., an independent nonprofit organization which has entered into service agreements with certain subsidiaries of The Charles Schwab Corporation. DAFgiving360 is a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code.
Contributions made to DAFgiving360 are considered an irrevocable gift and are not refundable. Once contributed, DAFgiving360 has exclusive legal control over the contributed assets.
Contributions of certain real estate, private equity, or other illiquid assets may be accepted via a charitable intermediary, with proceeds transferred to a donor-advised fund (DAF) account upon liquidation. Call DAFgiving360 for more information at 800-746-6216.
A donor’s ability to claim itemized deductions is subject to a variety of limitations depending on the donor’s specific tax situation.
Market fluctuations may cause the value of investment fund shares held in a donor-advised fund (DAF) account to be worth more or less than the value of the original contribution to the funds.
DAFgiving360 does not provide legal or tax advice. Please consult a qualified legal or tax advisor where such advice is necessary or appropriate.
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