A donor-advised fund (DAF) allows you to make a charitable contribution now and recommend grants to eligible nonprofit organizations over time.
PRCF manages the fund’s assets, administration, and grant distributions, while you or your appointed advisors can recommend which organizations to support. Once contributed, the assets belong to the Foundation and must be used for charitable purposes.
Donor-advised funds offer a flexible way to stay involved in charitable giving without the responsibilities of managing a private foundation.