Concord can provide your organization with a Donor Advised Fund (DAF), which can be offered to clients who seek tax-efficient charitable giving opportunities.

Concord’s DAF has been established in conjunction with the National Philanthropic Trust (NPT), one of the hundred largest charities in the United States.

The Independent Charitable Gift Fund empowers potential donors to make future philanthropic grants to charitable organizations, while enjoying an immediate income tax deduction on contributions of cash and/or appreciated securities.

Concord’s DAF also enables donors to grow their contributions in a variety of cost-effective investment vehicles, until they are ready to recommend grant distributions to specific charities

NPT administers the funds, reviews grant recommendations, and manages the technology and system processes to streamline program implementation.

The client financial institution receives compensation for assets placed in a fund.