Read about Donor Advised Funds in this Crain’s article by Jeremy Nobile
And even though new tax codes in 2018 have cast some uncertainty over how DAFs and their contributors might alter their giving through those vehicles, the sense is the popularity of DAFs will continue to grow.
“I think we’re entering a new phase now where donors are becoming more aware of this as a simple tool they’re not just using on a standalone basis, but in conjunction with other (philanthropic) strategies,” said Phil Tobin, who established a DAF via iGiftFund in Hudson earlier this year. “When put with a DAF, it supercharges those other strategies.”
iGiftFund is an IRS-recognized, independent, public charity that sponsors donor advised funds. Its mission is to inspire donors to create, preserve and distribute their philanthropic legacy and to make a truly remarkable impact on the lives of others, including the donor.
With the hallmarks of simplicity, accessibility and low administrative fees, iGiftFund sets the standard of excellence in the industry and distinguishes itself from the large, national commercial and independent DAF sponsors. Based in Hudson, Ohio, iGiftFund works nationally with donors and with financial advisors on their familiar investment platform, in open architecture. iGiftFund’s administrative fees are the most competitive in the industry, starting at just 45 basis points on the first $500,000 tier.