Why Some Advisors Establish Donor Advised Funds Now and Fund Later
Submitted by American Endowment Foundation on April 25th, 2022By Ken Nopar, VP-Senior Philanthropic Advisor
As the number of donor advised fund (DAF) accounts has increased to 1 million, many clients and their advisors know that if they have not already opened one, they soon will. Though most clients make their initial donations when they open their DAF accounts, some fund the accounts several months later or even after their death.