Over a million individual Giving Funds also known as Donor Advised Funds or DAFs, were opened by the end of 2021 according to the National Philanthropic Trust, 2021. They report that “contributions to Giving Funds (DAFs) in 2021 totaled $72.67 billion, an all-time high.”

The growing popularity of Giving Funds (DAFs) is a reflection of the unique and significant value they provide for generous individuals, families, and businesses.

11 Benefits of Giving Funds (aka Donor Advised Funds):

– Offer significant tax benefits.

– Allow you to give non-cash assets (i.e. appreciated stocks, business interests, crops & more).

– Allow you to give anonymously.

– Have no minimum fund distributions.

– Help you plan ahead. Give now, receive tax benefits, distribute later. (Read more.)

– Are more private and less expensive than a personal foundation.

– Simplify your giving. Give to multiple organizations you love while receiving ONE tax deduction letter!

– Provide the opportunity to involve your family in giving decisions.

– Give you the ability to include instructions for the next generation as a beneficiary in your trust or will.

–  Include the support of a Foundation like Ten Talents who can connect you with ministries and causes aligning to your passions.

– Allow you to combine gifts with others who have Giving Funds to increase the impact of your gift!

Giving Fund Testimonials

A Family Perspective: Rick Harrison

The Ten Talents Foundation has helped many businesses, families, and community members launch their Giving Funds in the Central Valley. Click the button below, call (559) 387-5534 or email info@tentalentsfoundation.org. to learn more about launching YOUR Giving Fund today.

Giving Funds, also known as Donor Advised Funds or DAFs, are being used at historic levels according to the National Philanthropic Trust.

“The number of individual DAF accounts in the U.S. is above one million for the first time. Donors may initially choose DAFs for their flexibility and ease of use—and they continue using DAFs because they can both plan for and respond quickly to causes that are important to them.”

National Philanthropic Trust, 2021

Why are Giving Funds (DAFs) so popular? Giving Funds:

– Offer significant tax benefits.

– Allow you to give non-cash assets.

– Are more private and less expensive than a personal foundation.

– Simplify your giving. (Give to multiple organizations you love while receiving ONE tax deduction letter!)

– Help you plan ahead, partner with other community members to support specific causes and organizations, and increase the power of your giving

The Ten Talents Foundation has helped many businesses, families, and community members launch their Giving Funds in the Central Valley! Click the button below, call (559) 387-5534 or email info@tentalentsfoundation.org. to learn more about launching YOUR Giving Fund today.

Giving Non-Cash Assets Through a Giving Fund (aka Donor Advised Fund).

Open a Giving Fund and simplify the way you make donations.

When you open a Giving Fund through the Ten Talents Foundation, we become the hub to help you give cash and non-cash gifts. You can save a significant amount in capital gains taxes when you gift assets like:

• Appreciated Securities
• Appreciated Real Estate
• Business Interests
• Crop/Agricultural Gifts
• Cryptocurrency
• & More!

Example: Gifting Real Estate through a Giving Fund

One example of a way you can do this is through gifting a piece of appreciated real estate to your Giving Fund at Ten Talents.

This means you may not pay capital gains taxes as you normally would when selling a piece of property.

The full valueof the real estate is instead transferred into your Giving Fund and you also receive a tax receipt letter. You can then make donations out of your Giving Fund for the next several years, allowing a greater portion of your dollars to go to organizations you love!

Most of peoples’ business and personal wealth is locked up in non-cash assets like property, securities, business interests, or crops. Because of this, when a nonprofit makes a request for a gift, funding must usually come from your cash reserves, not the bulk of your giving capacity.

The Ten Talents Foundation helps generous individuals, businesses, and families save money in taxes and move from thinking about giving on a yearly basis to looking at their giving from a long-term perspective.

A Giving Fund provides a simple way for you to give cash and make gifts of non-cash assets in a way that saves a considerable amount in taxes. That money can instead become a Giving Fund for you to make donations out of, invest in your community, and support causes you’re passionate about for years to come!

If you have specific questions about how to open a Giving Fund or give non-cash assets, call (559) 387-5534 or email info@tentalentsfoundation.org.