Establishing a DAF is easy. Most major financial institutions, like Fidelity, Schwab, or Vanguard, as well as many community foundations allow you to open one online in just a few minutes. 

There are also new DAF providers that are becoming more popular, like Daffy, that cater to younger donors and have no minimum balance. You can even create a DAF through GoFundMe now! 

Once it’s set up, you can add funds whenever you like, invest them for growth, and then decide which nonprofits to support!