Donor-advised funds (DAFs) make it easy to dedicate funds that support your favorite nonprofit organizations. This is a convenient way to make a meaningful, tax-efficient contribution to the Evans Scholars Foundation.
DAFs allow you to give cash, stock and other assets and receive a tax deduction. Then you can use the fund to grant specific amounts to the Evans Scholars Foundation over time.
Establish your DAF by making an irrevocable, tax-deductible donation to a financial company that operates a DAF program, like Vanguard, Fidelity or Schwab Charitable. Determine the investment allocation of the donated assets, and recommend grants to the Evans Scholars Foundation whenever you wish to make a gift.