DAF Giving
Your support has a direct impact that will shape the future for thousands of dogs.
Donor Advised Fund Giving
Unlocking Your Giving Potential: Donor Advised Funds (DAFs)
At Herzogs Heroes, we're passionate about providing diverse ways for you to support our mission of transforming the lives of dogs through responsible breeding practices and improved well-being. Donor Advised Funds (DAFs) offer a powerful philanthropic tool that allows you to make a lasting impact while enjoying strategic giving and potential tax benefits. Discover what DAFs are, their significance, and how you can set up a DAF to support Herzogs Heroes.
What are Donor Advised Funds (DAFs)
Donor Advised Funds are charitable giving accounts established by individuals, families, or organizations. DAFs provide a flexible and efficient way to manage your charitable giving by allowing you to contribute funds, receive an immediate tax deduction, and then recommend grants to your favorite nonprofits over time.
Why DAFs are Important
Strategic Giving: DAFs empower you to strategically plan your giving by making a single contribution and then distributing grants to different causes or organizations when it aligns with your values.
Immediate Tax Deduction: When you contribute to a DAF, you are eligible for an immediate tax deduction. This deduction can reduce your taxable income in the year the contribution is made.
Flexible Timing: With a DAF, you can contribute to the fund during high-income years and distribute grants to charitable organizations over time, allowing for strategic financial planning.
How to Set Up a Donor Advised Fund
Choose a Sponsor: Research and select a reputable DAF sponsor, which can be a financial institution, community foundation, or a charitable organization.
Contribute to the Fund: Make an irrevocable contribution to the DAF sponsor, which will manage and invest the funds.
Recommend Grants: Once your DAF is funded, you can recommend grants to nonprofit organizations, such as Herzogs Heroes, from your fund's balance.
Strategic Giving: Utilize the DAF's online platform or resources provided by the sponsor to recommend grants to organizations that align with your philanthropic goals.
Tax Benefits: Enjoy tax benefits at the time of contribution and choose when to distribute grants to nonprofit organizations.
Stay Engaged: Stay connected with the organizations you support and track the impact of your grants through your DAF sponsor.
By setting up a Donor Advised Fund, you create a lasting legacy of support for Herzogs Heroes and contribute to a world where dogs thrive, breeders uphold ethical practices, and responsible ownership prevails. Contact your chosen DAF sponsor or financial advisor to initiate the process, and together, we can make a significant impact on the lives of dogs and their caregivers.
