Donor Advised Funds (DAFs) are one of the most convenient ways to support a charity you care about while maintaining flexibility. A DAF is like a personal charitable savings account. It allows you to make charitable contributions into your specific Fund account, receive an immediate tax deduction, and then recommend grants over time to your favourite charities – like Indspire.
Why a DAF?
Some of the benefits of opening a Donor Advised Fund:
- You qualify for a charitable income tax deduction when you make a gift to your Fund.
- You eliminate capital gains taxes when you use long-term appreciated assets, like gifts of securities.
- You don’t have to retain records for each contribution as that’s done by the group administering your Fund.
- Families can build a tradition of giving by involving children in the decisions about what grants to recommend
Make an immediate impact for Indigenous students by recommending a grant from your DAF today. Please contact us so we can work with your Fund’s administrator to ensure your grant supports the aspects of our work that are most meaningful to you.
For more info, please contact
Kate Espina
Director, Major Gifts
kespina@indspire.ca | 1-855-INDSPIRE (463-7747) x0262
Legal name: Indspire
Registered Charitable Number: 118834696RR0001