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What is a Donor-Advised Fund (DAF)?

A Donor-Advised Fund, or DAF, is a philanthropic giving vehicle hosted by a registered charity (KindLink Foundation). It allows individuals or organisations (DAF account holder) to establish a foundation account and instruct donations without having to register a charity themselves. This scheme can save cost and time while it is much more flexible and easy to manage than a regular registered nonprofit organisation.

We recently published a post about compliance when accepting online donations for charities, and although online donations are the way forward in terms of donor preferences and fund security most non-profit organisations still accept other types of donations - such as bank transfers, cheques, cash, etc. - so it is time to discuss how charities would like to or should manage their donation records.

Every year charities claim more than £1 billion back from the HMRC as part of the Gift Aid scheme. The scheme has proved to be hugely successful as an additional income stream for non-profits and is a way to give donors a clear say on what their taxes (or at least part of them) should be spent on.

Our Aim

The News Centre you are currently browsing has been built for people with interest in the non-profit sector to help share the knowledge we have acquired building KindLink. The Centre has functionalities meant to make it easier for users to find what they are looking for. The Home view presents you with a Search engine and all the Categories you can quickly access and browse through to help you find the best material or blog article. Lastly, every page is shareable over email or social media so that you can send that nice article you've found to a colleague or friend.