Donor-Advised Funds
We’re your tax-savvy home for charitable giving
A Donor-Advised Fund (DAF) is a charitable account owned and managed by a public charity (that’s us).
Standard DAFs have a Primary Advisor (that’s you), who donates assets into their fund. Proceeds from the sale of these assets fuel the DAF and allows the Primary Advisor to recommend grants to nonprofits. DAFs work with Portfolios too, allowing donors to grow their funds over time in digital and traditional protfolio options aka generating more funds to grant to nonprofits.
With our Donor-Advised Fund, you can deposit any digital, complex, or traditional asset. However, long-term capital gains assets super-power your DAF, and in many cases you can deduct the full value of the gift and offset taxable income.* When you donate tokens to an Endaoment DAF, we immediately exchange your gifted tokens for USDC via Uniswap’s auto-router and deposit the proceeds at your DAF’s smart contract address onchain.
The DAF financial vehicle traditionally was recommended directly from a financial advisors or required a high minimum to open, despite garnering supportive tax benefits. We built a modern DAF engine to support donors with modern assets and a modern outlook on engaging digitally with their charitable giving. And now, you can work independently or with your Financial Advisor, too.
Since 2019, more than
23 billion dollars making their way to nonprofit organizations from DAFs.
There is no minimum donation size!
Once funded, you can recommend grants from your DAF to a selection of more than 1.8 million nonprofit organizations throughout the US, and over 4000 international organizations thanks to Endaoment’s relationship with US 501(c)(3) GlobalGiving. If you need assistance in identifying organizations that meet your personal goals, the Endaoment team is here to help.
When your grant is reviewed and approved by Endaoment, we’ll contact the receiving organization and transfer them the granted funds.
Donor-Advised Fund (DAF) Types
Private Funds
Private Funds are the default type of Donor-Advised Funds opened by Endaoment. These are traditional DAFs that cannot be accessed by anyone aside from the advisor of the fund (the donor). The name of is not visible on any activity feeds or onchain, and all PII is kept private. No one besides the fund-advisor (the donor) can donate into or reccomend a grant out of a private fund.
Transparent Funds
Transparent funds allow the fund advisor (the donor) to make their fund visible to others. By editing your fund settings, you can enable others that have your fund’s URL to access it and view the fund (fund name, advisor, and all donations/grants are visable). No one besides the fund-advisor (the donor) can donate into or reccomend a grant out of a transparent fund.
Endaoment also offers Community Funds that are open to donations by the public.
*Endaoment does not provide tax advice. You should consult with a licensed tax professional to further understand the impact of opening and contributing to a Donor-Advised Fund.
DAF Migrations
Transition your charitable giving to Endaoment to unlock a host of benefits associated with the blockchain, a decentralized financial ecosystem. Endaoment provides a modern platform for managing your charitable contributions with enhanced transparency, efficiency, and onchain financial tools.
Benefits of Migrating to Endaoment
Migrating your DAF to Endaoment provides you with a streamlined, secure, and modern platform for managing your charitable contributions. Here are some key benefits:
- Give any asset: Endaoment fund accept the braodest range of assets on the market, and event offer features like scheduled liquidations for complex assets.
- Hold in Custom Portfolios: Grow the impact of your gifts by leveraging a diverse range of traditional and digital Portfolios.
- Fund Collaboration: Add your family members or your financial advisor to your Donor-Advised fund for decentralized, 24/7 collaborative access. Learn more here.
Migration Process
Migrating your DAF to Endaoment is a hassle-free process to ensure your philanthropy continues without interruption. Follow the steps in our DAF Migration wizard, accessible from our homepage (see below), and share your grant recommendation with your existing DAF provider.
Upgrade to a modern, efficient, and globally connected charitable fund management platform.
Upon completion, share the details with your current DAF provider.
All DAF migrations necessitate sharing the following information with your Donor Advised Fund provider:
- Your name
- The name of your fund at Endaoment
- The amount to be transferred
- Our DAF Migrations account information
- Account beneficiary: Endaoment
- Routing number: 091311229
- Account number: 202384704442
- Our EIN number: 84-4661797
You can also generate an email to your current Donor-Advised Fund provider to facilitate the process - just fill out the details (identified by curly brackets) and add your DAF provider’s email address. You can also copy this text directly from the bottom of this document.
*Endaoment does not offer tax advice. For tax-related concerns, please consult with a licensed tax professional to understand the potential impact of migrating and contributing to a donor-advised fund on Endaoment.
Contact us with any questions.
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