> ## Documentation Index
> Fetch the complete documentation index at: https://docs.endaoment.org/llms.txt
> Use this file to discover all available pages before exploring further.

# Open a Donor-Advised Fund

> Your Donor-Advised Fund on Endaoment

## What is a Donor-Advised Fund (DAF)?

A DAF is a personalized charitable account that allows you to flexibly [make donations](/donors/getting-started/donating-to-a-fund) and [recommend grants](/donors/getting-started/recommending-grants) to your favorite nonprofits. Endaoment DAFs also allow you to grow DAF capital through [investment portfolios](/donors/getting-started/managing-portfolio-positions) and [collaborate](/donors/getting-started/collaborating-on-a-fund) with trusted advisors and family members on your DAF. There is no minimum required to open a fund, and the more you donate, the lower your [one-time processing fee](/donors/resources/fee-schedule).

<Check>
  Learn more about DAFs and how they operate: [About Donor-Advised Funds](/donors/about/about-donor-advised-funds)
</Check>

## Create a Fund

1. Ensure you are [connected](/donors/getting-started/connecting-to-endaoment).

2. Click on `Start a New Fund` on your Dashboard.

3. Enter the name of your fund alongside other requested information.

4. Once completed, your DAF is created!

See below for a video demonstration of how to create a fund.

<video autoPlay muted loop playsInline src="https://storage.googleapis.com/endaoment-static/demo/screenstudios/create-fund.mp4" />

<Check>
  Learn about our data handling practices: [Personal Data Usage & Storage](/governance/documentation/personal-data-usage-and-storage)
</Check>

## Adjust Fund Settings

After creating your fund, you can adjust the fund's name, description, or visibility at any time. Simply click the gear icon next to your fund's name - then click `save` to preserve any changes.

<Note>
  If you click `Community`, you'll be redirected to a [community fund application form](https://endaoment.typeform.com/communities) so we can review for compliance with community fund policies and get in touch with you.
</Note>

You can learn more about the different [fund types here](/donors/about/about-donor-advised-funds).

![](https://storage.googleapis.com/endaoment-static/docs-assets/Edit%20Fund.gif)