Donor Advised Funds offer various tax incentives. We encourage you to consult with a tax advisor to discuss whether this type of fund is right for you. 

A DAF is a charitable investment account in which you contribute, invest & grant funds to qualified charities like New Mexico Immigrant Law Center. A DAF may hold cash, stocks or even mutual fund shares.

There are several benefits from having & giving through a DAF. You can deduct up to 30% of your Adjusted Gross Income for non-cash assets (like stocks or mutual fund shares) held longer than one year, & deduct up to 60% of your Adjusted Gross Income if you place cash into a DAF. You receive the tax-deduction the year you move assets into a DAF, regardless of when you donate them to a charity, & excess contributions may be carried forward up to five years.

To learn more, ask your financial advisor or organization that manages your DAF. If you have a DAF with Schwab Charitable or Fidelity Charitable, you can begin a DAF donation from this partner site: DAFDirect