Simplify Your Giving
A donor-advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Cambridge in America and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Take Action! Visit Your Fund
1. Recommend a grant
2. Impact CAm
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You can also create a lasting legacy by naming Cambridge in America the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
Still learning about DAFs? Discover the ease of opening a donor-advised fund—plus the advantages you’ll enjoy—with your FREE guide Centralize Your Giving With Donor-Advised Funds.
An Example of How It Works
Joe and Laura want a more organized way to manage their philanthropic giving. They establish a $25,000 donor-advised fund with a foundation.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which organizations and causes they want to support.
After researching needs with the foundation's staff and expressing their goals, Joe and Laura recommend a grant for CAm for the benefit of the Department of Land Economy and for DAMTP. The foundation presented CAm with a check from the Megan Fund, which Joe and Laura named in honor of their granddaughter. Joe and Laura are delighted to start this personal legacy of giving.