How will my DAF be invested?
At the time you establish your fund, you may invest it in CFWG’s investment pool of funds. We are happy to provide a copy of our investment policy and current portfolio mixture.
Can I choose my own investment manager?
CFWG encourages donors to utilize the foundation’s investment pool that is professionally managed. For funds with balances of $1,000,000 or more, the donor can use their advisor pending Board approval. The fund balance must stay above $1,000,000 to continue using the advisor.
Can the income accrued in my DAF be deducted as an additional charitable donation?
No. Only contributions made to CFWG are tax deductible. Growth inside your DAF account is not eligible for an additional deduction.