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Stewardship
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September 8, 2026What to know about donor-advised funds
Donor-Advised Funds (DAFs) have grown significantly in popularity over the past few years, largely due to increased marketing from major banks and financial service providers. As awareness grows, I have received a steady influx of calls asking a vital question: “Does the Catholic Development Foundation provide DAF accounts?” In short: yes, we absolutely do!
What is a Donor Advised Fund?
A DAF is a specialized charitable giving account established with a program sponsor, such as the Catholic Development Foundation. While different institutions maintain varying minimums, fees, and distribution policies, they all share one major advantage: you contribute to your DAF whenever it is financially advantageous for you and then advise the sponsor on which charities should receive grants over time. Because contributions are irrevocable, the administrator technically holds final distribution authority, but legitimate requests to approved charities are almost universally honored.
Top Three Benefits of a DAF with the Catholic Development Foundation- Immediate Tax Benefits: Secure a charitable income tax deduction today and distribute the funds to your favorite ministries later.
- Streamlined Anonymity: Effortlessly issue grants to your parish or preferred charities without revealing your identity, if you choose.
- Maximized Giving Power: Keep your charitable dollars invested and growing tax-free, giving you more strategic control over your philanthropic impact.