. Donor Advised Funds - New Orleans Musicians' Clinic

Donor Advised Funds

What is a Donor Advised Fund (DAF)?

A Donor Advised Fund (DAF) is a philanthropic vehicle established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. An easy way to think about a donor advised fund is like a charitable savings account: a donor contributes to the fund as frequently as they like and then recommends grants to their favorite cause when they are ready.


Benefits of a Donor Advised Fund

  • Privacy – Your Donor Advised Fund is never subject to public record. This means that your fund will not be solicited by charities except through your own activity.
  • Tax Advantages Your Donor Advised Fund qualifies for the highest charitable income and estate tax deductions allowed by law, while bypassing capital gains tax on gifts of appreciated assets to the fund.
  • Gifting Advice As the name implies, each year you can advise how much, when, and to whom you would like to distribute funds. Additionally, you can name successors to carry on your charitable goals. This allows you to pass your giving values on to future generations.


If you are interested in creating a Donor Advised Fund, please see our Donor Advised Funds Policies (PDF) and contact our office at 504-415-3514 or office@nomaf.org



The Musicians’ Disaster Relief Public Donor Advised Fund


The Louisiana Musicians’ Disaster Relief Fund was established in 2017 specifically to assist Louisiana musicians affected by disasters.

Follow the link below to learn more about how the Disaster Relief Fund supports musicians who have suffered losses.

Learn more


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