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Donor Advised Funds
Efficiently manage domestic and international grantmaking
Advantages of a Donor Advised Fund
Resources for Donor Advised Funds
See All ResourcesIs a Donor Advised Fund right for you?
Learn more about the advantages of opening a DAF, and whether this giving vehicle fits with your philanthropic needs.
Should you consider opening an Invested DAF?
Learn more about Invested DAFs and how they can amplify the impact of your giving.
Donate complex assets
CAF America can help transform your non-cash assets (such as real estate and artwork) into meaningful philanthropic impact. By donating these assets to a Donor Advised Fund, you can benefit from increased flexibility in giving.
Give anywhere, safely
We help donors navigate the rules and regulations of cross-border giving and connect them with eligible charities. This resource shares more about the considerations donors must take when giving internationally.
You may be interested in
What Is Expenditure Responsibility?
Expenditure Responsibility (ER) is a tool provided by the IRS for foundations that allows for targeted funding that supports a specific charitable project when giving, lending, or otherwise supporting an entity that is not designated as exempt under U.S. IRC Section 501(c)(3).
What Is Equivalency Determination?
Equivalency determination (ED) is the process by which a U.S. grantmaker makes a good faith determination that a foreign grantee is considered the equivalent of a U.S. public charity under IRS Sections 501(c)(3) and 509(a) of the tax code.
Passing the Public Support Test: Challenges of Equivalency Determination
One of the requirements of an Equivalency Determination is that the entity is “supported by the general public.” In real terms, the IRS uses what is called the “public support test” to evaluate the level of funding coming from multiple donors.
Equivalency Determination vs. Expenditure Responsibility: Which Is Right for You?
A private foundation may choose to use either equivalency determination or expenditure responsibility. Both tools are equally valid options for making a grant to a non-exempt entity.
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