Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Financial Planning > Charitable Giving > Donor Advised Funds

New Widget Makes Donor-Advised Fund Giving Easier

X
Your article was successfully shared with the contacts you provided.

A group of donor-advised fund sponsors and nonprofit groups have developed a widget designed to help nonprofits simplify charitable giving and tap into DAFs.

The new web application, DAF Direct, will enable donors to initiate a grant recommendation from their charitable account with a DAF sponsor while on a nonprofit’s website, according to an announcement on Tuesday by Fidelity Charitable, an independent public charity with a DAF program.

The widget is already connected to Fidelity Charitable, which led the development effort, and Schwab Charitable, and is in use on these participating nonprofit websites:

“Today’s donors are taking a more strategic approach to philanthropy and, at the same time, looking for simplicity and convenience in how, when and where they give,” Sarah Libbey, president of Fidelity Charitable, said in the statement.

“This has led to an increase in both online giving and the use of donor-advised funds. The DAF Direct widget connects these two movements to offer donors an additional and convenient giving option. It also allows nonprofits to provide a simple, seamless granting experience for the growing number of donors who use a donor-advised fund.”

Fidelity said the widget was available for all qualified nonprofit organizations to add to their websites. As well, plans are afoot to expand to other national and community foundation DAF sponsors.

——

More on AdvisorOne:
Schwab Donor-Advised Funds Set Contribution, New Account Records in 2012
A Time-Limited Benefit of Fiscal Cliff Act: Tax-Free IRA Charitable Rollovers

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.