Put your charitable giving into an account with an opening balance of $2,500. You can invest the funds to grow, distribute them at a minimum of $100, and keep a balance of $500.All of the money you put into your DAF will automatically be tax deductible. You’ll receive quarterly reporting and have the option to give anonymously. To open a DAF, please fill out our Inquiry Form.
Family members or groups of friends can decide to donate to the same charities and allocate funds from their donor advised funds on a monthly, quarterly, or annual basis. Decisions on what charities to donate to or research on various organizations can be done through our team of experts.
When you choose to support a nonprofit organization through your DAF, AMuslimFund requests nonprofits to fill out our Gift Agreement Form. After this process, AMuslimFund talks with the staff and board of organizations to learn more about their mission and how they make an impact. The organization sends over their recent 990s and Annual Reports for AMuslimFund to review. As long as the organization isn’t on any government watch-lists and is in good standing with the IRS, we’ll pass your donation on.
As a nonprofit community foundation and being the direct recipient of your donation, AMuslimFund will provide you with a consolidated tax receipt showcasing your cumulative annual contributions. You’ll receive a quarterly update on your balance, distributions, and contributions from your DAF.
If you already have a family foundation or fund setup, AMuslimFund can manage it for you. We’ll work with all of the organizations you support and can host a grant cycle.
How to open a DAF
Join over 85 families across the country that are transforming Muslim Philanthropy in the United States. If you’re interested in setting up a DAF: