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Donor Advised Funds

Are you looking for a way to benefit the Chesapeake Bay Foundation both now and in the future?

With a donor advised fund (DAF) you can make gifts to charity during your lifetime and, when you pass away, your children can carry on your legacy of giving.

Donor Advised Fund
Stock or Cash
Donor Advised Fund
CBF

How it Works

  1. You make an initial gift of cash or stock to fund a DAF at the Chesapeake Bay Foundation.
  2. You make annual recommendations on gifts to be made from your DAF.
  3. When you pass away, your children may recommend charitable gifts from your DAF for a number of years.
  4. At the end of the term, the remaining funds become an asset of the Chesapeake Bay Foundation, which will help further its mission.

DAF Benefits

  • A flexible easy way to establish a vehicle for charitable giving.
  • Tax-efficient lower cost alternative to a private foundation.
  • Estate tax deduction and savings for your gift.
  • Tax savings from a charitable tax deduction in the year of your gift.

It's easy to get started with opening a DAF account and recommending gifts to the Chesapeake Bay Foundation. Contact us to learn more about DAF benefits and planning.

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