Both DAFs and FSFs are Restricted Charitable Funds, meaning both must advance charitable purposes. Each is also considered a Time of Gift Deduction, in that the donor recognizes the charitable gift as a charitable contribution. DAFs and FSFs both also have a Fund Administrator—the sponsor—which assumes the legal, fiscal, and reporting obligations of the fund.

But that’s where the similarities end…

Donor Advised Funds have strict limitations leaving them in the dark, whereas Fiscal Sponsor Funds have less restrictions and more opportunities for philanthropists and their causes.

Contact us to discuss Fiscal Sponsor Fund opportunities for you and your charitable passions.