{"id":8976,"date":"2025-01-08T10:20:00","date_gmt":"2025-01-08T15:20:00","guid":{"rendered":"https:\/\/www.nptrust.org\/?p=8976"},"modified":"2025-02-25T14:06:20","modified_gmt":"2025-02-25T19:06:20","slug":"new-year-new-daf","status":"publish","type":"post","link":"https:\/\/www.nptrust.org\/philanthropic-resources\/philanthropist\/new-year-new-daf\/","title":{"rendered":"New Year, New DAF"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you\u2019ve recently expanded your charitable giving to include a new donor-advised fund (DAF) at National Philanthropic Trust, now is the time to ensure your DAF aligns with your goals for philanthropic success.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Create your legacy<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Every DAF account should have a <a href=\"https:\/\/www.nptrust.org\/defining-your-philanthropic-legacy\/\" target=\"_blank\" rel=\"noreferrer noopener\">legacy plan<\/a>\u2014instructions for managing your account when you can no longer do so. Options include naming charitable successors, often friends or family, who can carry your values forward or forge their own plans as a tribute to you. Another popular option is allocating some or all of your remaining charitable assets to the nonprofit organization of your choice on a one-time or recurring basis.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Review your investments<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Selecting an investment option may have been a lower priority during the DAF account opening process, especially if you were pressed for time. Take a moment to review your investment allocations along with NPT\u2019s investment options to ensure you\u2019ve aligned your short- and long-term goals with your charitable portfolio. Consider how your DAF investments fit into your complete financial profile.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Include others<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As you start your grantmaking plans, consider who else you may want to include in your giving during your lifetime. Many donors use their DAF account as an easy way to introduce <a href=\"https:\/\/www.nptrust.org\/philanthropic-resources\/philanthropist\/next-gen-donors-are-here-now\/\" target=\"_blank\" rel=\"noreferrer noopener\">next-generation philanthropists<\/a> to the active role of giving. Some donors designate a few times during the year to bring family together to talk about the values they share and how their giving advances their vision for society.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Consider your assets<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">While the phrase \u201ccash is king\u201d rings true, <a href=\"https:\/\/www.nptrust.org\/what-is-a-donor-advised-fund\/contribution-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">NPT accepts a broad range of assets<\/a> that could unlock philanthropic capital beyond your immediate assumptions. Assets like cryptocurrency, real estate and valuable personal items are all potential avenues for contributing to your DAF.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Due diligence and grantmaking<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You may already have causes and organizations you care about and will prioritize for grantmaking. But if you are new to giving, take time to reflect. What pressing causes and issue areas are you most interested in tackling? Where would you like to see the greatest impact in society\u2014whether that\u2019s your immediate community or a place you feel connected to in the world? Starting to give begins with getting clear on what matters to you and where you see you can contribute to change. You\u2019ll need to set a budget for how much you\u2019d like to give and how frequently. Once you\u2019ve considered how to approach your goals, making grants from your DAF account is easy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An NPT DAF can help you move forward with defining and acting upon your charitable plans. Take time to align your account with your goals and start making an impact on the causes you care about most.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For donors who need assistance with their account or would like support with establishing a philanthropic strategy,\u202fNPT is ready to help. Contact us at 888-878-7900 or <a href=\"mailto:npt@nptrust.org\">npt@nptrust.org<\/a> with any questions or inquiries.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em>This content was original published January 10, 2024<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019ve recently expanded your charitable giving to include a new donor-advised [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":8977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_has_post_settings":[],"footnotes":""},"categories":[44,30],"tags":[],"hashtags":[],"class_list":["post-8976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-for-donors","category-philanthropist"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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