​Making a charitable donation through a donor advised fund (DAF) is a popular and easy way for donors to invest directly in the Bentonville Library Foundation and support our community’s library! 

 

How DAFs work:

Donors create an DAF account that is held with a charitable foundation sponsor.  The DAF operates under the umbrella of that foundation.  The donor gets an immediate tax benefit for making gifts to their DAF. 

 

Donors can then recommend grants from their fund to support the charities of their choice. The charitable sponsor then awards grants to the nonprofits recommended by donors. Gifts can be made publicly or anonymously.

 

Donors are not limited to funding a DAF with cash.  You can also contribute appreciated assets such as stocks, real estate, etc., which may provide substantial tax savings for the donor. 

 

DAFs are commonly invested in mutual funds or other diversified investments that allow the value of the DAF account to grow tax-deferred over time which can increase your ultimate philanthropic impact.

 

For more information please contact:

Kelly McLintock, CFRE

Executive Director

Bentonville Library Foundation

Kelly.mclintock@bentonvillelibraryfoundation.org

(479) 957-7175