Make a Difference with a Donor Advised Fund (DAF)

PPS-SF board member Debra Solomon recently set up a Donor Advised Fund (DAF), which is a kind of financial account for charitable giving. "As we rebalanced our investment portfolio, we realized donating some stocks made sense and it was surprisingly easy to do that by setting up a DAF,” said Debra.

It’s fairly easy to set up a DAF with cash, stocks, mutual funds, cryptocurrency, and other assets. You will receive a tax donation when you donate to the account and can effectively donate more by bypassing capital gains tax on appreciated assets. But the next step is the most important: putting your gifts out into the world by recommending nonprofits like PPS-SF​​ for a grant from your DAF. With your help, families learn about public schools, develop leadership skills, and work collectively to help students succeed.

As Debra said, “We felt really lucky that some of our stocks had appreciated a lot…it was nice to know we could use that to support PPS-SF.”

If you have a DAF, recommend PPS-SF for a grant (our tax ID is 94-3339278). This is not financial or investment advice; to learn more about DAFs, speak with your financial planner or tax professional. To learn more about how your gift helps San Francisco families, contact Leigh Cooper, Development Director, at leigh@ppssf.org or 415-861-7077.