Start a Family Legacy of Giving: Help Loved Ones Make an Impact with Your DAF
July 07, 2026
Pass down your passion for giving. A donor-advised fund (DAF) allows you to name adult loved ones as additional advisors, uniting your family in a generational commitment to philanthropy. It’s an intentional way to share your values, pass on your philanthropic legacy and experience giving—together.
You can also name these loved ones as successor advisors, giving them the opportunity to carry on your legacy, or you may name the R&E Foundation as a beneficiary of all or a portion of the remaining funds.
Use your DAF to build a tradition of giving among your loved ones and include them in decisions about which grants to recommend.
The Many Benefits of a DAF
In addition to this unique benefit, a DAF offers you:- Easy setup: You can set up a DAF through a local community foundation or open an account online with a financial services organization.
- Simplicity: Support multiple charitable organizations without having to track receipts for each gift. Your DAF administrator will provide you with one annual acknowledgment letter summarizing all your contributions to the fund for the previous year.
- Tax benefits: Qualify for a tax deduction when you make a gift to your DAF using cash, appreciated stock, real estate, or other complex assets. If you donate appreciated property, you can also eliminate capital gains taxes.
- Convenience and timing: Your DAF gives you the freedom to choose the organizations you want to support later. You can take your time, involve your family and recommend grants to your favorite nonprofits like the R&E Foundation when you’re ready. It’s a simple, flexible way to give on your own timeline.
- Potential for growth: Your DAF contributions may be invested in the stock market, which means the money in your fund could grow over time.