Donor Advised Funds

A donor-advised fund (DAF), is like a charitable savings account, allowing you to combine the most favorable tax benefits with the flexibility to support your favorite causes.

How it works

You can easily set up a donor-advised fund through a community foundation or your financial institution. When you contribute to your DAF, you’ll receive an immediate tax deduction, and then you can recommend grants from the fund to charitable organizations over time.

Why a DAF could be right for you

• DAFs allow you to donate cash, stock, and other assets as charitable gifts over several years.

• You may schedule recurring gifts at regular intervals.

• You may make Albany Symphony the beneficiary of your DAF and create a legacy.

• DAFs provide a flexible and easy method of giving if you support multiple charities.

• DAFs can be used to complement or replace a private foundation.

Please be advised that donors who give through a donor-advised fund are legally restricted from receiving more than incidental benefits associated with their contribution.

For More information

Contact Kirsten Broschinsky, Director of Development | (518) 465-4755 ext. 144 | kirstenb@albanysymphony.com