Donor-advised funds

What is a DAF?

Donor Advised Funds (DAFs), also called charitable savings accounts or giving accounts, are an efficent ways to manage your giving.

DAFs have gained significant popularity in recent years, becoming a powerful tool for charitable giving. They are essentially charitable savings accounts that allow individuals to make tax-deductible donations and then grant those funds to charities over time.

CWB has made the process easy for you. Our DAFPay tool means you can pay with your DAF in just a few clicks.

DAFpay by Chariot

Donate directly on our website from your DAF in just three clicks using DAFpay! Most DAF providers, including Fidelity, Schwab, Vanguard, and many others, participate in DAFpay.

How to use DAFpay: After you select your giving amount, click on the DAFpay button, search for your DAF entity, and then log into your DAF entity and complete your donation.

DAFs benefits

Tax Advantages: You receive an immediate tax deduction for your DAF contributions.

Flexibility: DAFs offer flexibility in granting funds to charities, allowing you to support a variety of causes.

Efficiency: DAFs can simplify the charitable giving process by providing a centralized platform for managing your donations.