Donor Advised Funds (DAFs) serve as a vehicle for charitable giving whilst offering administrative convenience, tax benefits and cost savings.
Wealth Matters arrange to set up DAFs under the Together Charitable Foundation (TCF), a registered charity that has been established to promote efficient, economic and effective philanthropy within the financial planning community.
Each fund is effectively its own charitable trust, but without the costs and administrative issues. The funds within a DAF can be donated immediately or invested until ready to do so, enabling the funds to benefit from potential growth and allowing you to grant more to charities in the long run.
Philanthropy is an important part of our ethos, so you won’t be surprised to learn that we have launched our own donor-advised fund: the Wealth Matters Charitable Foundation.