Donor Checklist: Donor-Advised Funds vs. Private Foundations

Donor-advised funds (DAFs) and private foundations are two of the most popular charitable giving vehicles. They both offer unique advantages that can help with strategic, tax-advantaged giving that complements your overall wealth management plan. And, thanks to tech efficiencies, both vehicles have a much lower entry point and are easier to open and manage than ever before. For many philanthropists, however, the best choice isn’t just one or the other— but both—as using them together can provide philanthropic and financial synergy.

Here are some of the key aspects of charitable giving to help you choose the best vehicle(s) for your goals and needs.