A Donor Advised Fund (DAF) allows individuals or families to establish a charitable account that can support multiple organizations over time. 

Donors contribute assets to the fund and receive an immediate charitable deduction. The assets are temporarily invested until the donor recommends a grant to a charitable organization.  

DAFs are often used to:

• Consolidate several years of charitable giving into one tax year
• Contribute appreciated assets such as securities
• Simplify record-keeping for ongoing philanthropy
• Create a structured family giving vehicle

If you or your family have a DAF, you can recommend a grant directly on the CONCHtribution giving page through the DAFpay link!