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Donor Advised Funds
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!
Here is how DAFs work:
Donors contribute to a fund held by a charitable sponsor and receive an immediate tax benefit. Over time, donors recommend grants from the fund to their favorite charities. The charitable sponsor awards grants to nonprofits recommended by donors. In addition to cash, donors can also contribute appreciated assets such as stocks, real estate, etc., which can provide substantial tax savings for the donor. Donor-advised funds are typically invested in mutual funds or other investment vehicles that allow the value of the funds to grow over time, increasing the donor’s ultimate philanthropic impact.
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