Q: What is a donor-advised fund?

Q: What is a donor advised fund?

A: A donor advised fund (DAF) allows you to combine the most favorable tax benefits with the flexibility to support your favorite charities at any time. Contributions to a PARSA donor advised fund are eligible for current-year tax deductions, and are then available to recommend grants now, or in the future. And, your contributions have the opportunity to grow and help make a greater charitable impact through our investment pools.