Donor-Advised-Fund Tool Sends Gifts Directly to Charities

Tuesday, April 9, 2013

The DAF Direct widget, a simple application that can be placed on a nonprofit’s website, was created by Fidelity Charitable in collaboration with other donor-advised funds and 10 charities that have piloted the application.

Charities can now make it easier for donors to make gifts from donor-advised funds by using a simple application on the nonprofits’ Web site. Donor-advised funds allow people to establish a charitable account, get an immediate tax deduction, and help decide later which charities receive grants. Until now, donors have had to go through the fund to make a gift, and none of the funds have allowed charities to communicate directly with their account holders...