Managing Donor Advised Funds

For tax purposes, donors may make large contributions to an organization or foundation but not specify how the money is to be spent. The money from such donations is held temporarily in a Donor Advised Fund. Over time, the donor allocates money from the Donor Advised Fund to the organization's other funds.

This topic describes how Aptify tracks Donor Advised Funds and allocations made from a Donor Advised Fund.

It covers the following sub-topics:

• Creating Donor Advised Funds
• Allocating Money from Donor Advised Funds
• Reversing a Donor Advised Fund Allocation