Donor advised funds (DAFs) are a smart way to manage your philanthropy as they allow you to invest funds earmarked for charitable giving and recommend grants from the fund over time. You can create a DAF at any commercial provider (Vanguard, Fidelity, Schwab, etc.) or a community foundation (The Pittsburgh Foundation) using a variety of assets and receive an immediate tax deduction.
Grants to Literacy Pittsburgh from your DAF are a practical way to annually make a difference for individuals, families, their children, the workforce, and the community – bringing great prosperity for us all.
As part of your estate planning, you can designate Literacy Pittsburgh as beneficiary of all or a percentage of your DAF assets to continue your support for future generations.