A Donor-Advised Fund May Pair Perfectly with an Estate Plan

August 12, 2025

Tax Tip:

Using a donor-advised fund (DAF) is worth considering if charitable giving is high on your estate planning objectives. What’s the main attraction? Among other things, a DAF can give you greater control over your charitable endeavors than direct donations.

A DAF generally requires an initial contribution of at least $5,000. A financial institution or an independent sponsoring organization manages the fund and charges an administrative fee, typically based on a percentage of the assets on deposit.

You instruct the DAF on how to distribute contributions to your preferred charities. While deciding which charities to support, your contributions are invested and potentially grow within the account. Then, the sponsoring organization vets the charitable organizations you choose to ensure they’re qualified to accept DAF funds. Finally, the checks are cut and distributed to the charities.

< Older Post

Newer Post >

This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.

MBK Volunteers at the Food Bank of Western Mass

By Meyers Brothers Kalicka • October 2, 2026

On August 14, 2026, team leaders Carolyn Bourgoin and Fran Murphy, organized a group of professionals from MBK to assist the Food Bank of Western Massachusetts.

Scenario Budget Planning Can Help Your Nonprofit Navigate Uncertainty

By Meyers Brothers Kalicka • September 24, 2026

Uncertainty about government funding, rising costs, and other economic factors can make budgeting difficult. But nonprofits that use scenario planning as part of the process can increase their odds of making the right decisions and responding quickly to shifting conditions.