What is a Donor Advised Fund
Learn About the Donor Advised Fund
A Donor Advised Fund (DAF) is a separately identified account set up through a public foundation operating as a Canadian registered charity. Once the donor makes the receiptable contribution, the foundation has ownership of it, but the donor (or the donor’s representative) retains advisory privileges with respect to the granting of funds to other charities of their choice.
It’s like having your own personal, family or corporate foundation without the hassle and cost.