At what annual giving level does the presenter recommend considering donor advised funds?

Craig Wear, CFP®Craig Wear, CFP® | Expert in Roth Conversions & Tax-Efficient Retirement Strategies for IRA Millionaires

The power of Donor Advised Funds

29 Jan 2025 · 1 min

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YouTube video by Craig Wear, CFP® explaining strategies to maximize charitable giving, emphasizing donor advised funds for donors who give large sums annually. The speaker advises that DAFs are not worthwhile for small donors (e.g., ~$1,000/year) but can be useful for those giving tens of thousands annually (examples cited: $20k, $30k, $40k, $50k+).

Questions this video answers

When giving tens of thousands per year (examples cited: $20,000, $30,000, $40,000, $50,000+); not recommended for about $1,000/year.

Chapters

And then the third objective of doing all these conversions is to maximize the amount that's available for your heirs. One of the other little tricks that you can use, if you're somebody that you're already giving to your favorite charities and you give significantly, I'm not going to put a number on that. But if you're giving $1,000 a year, this isn't really a good strategy for you. If you're giving 20, 30, 40, 50 or more thousand a year to charities, then there's something called donor advised funds.