United Charitable (UC) of Tysons, Virginia, is unlike many charitable organizations in that, while it is an avenue through which contributions are made, it is done through a charitable vehicle called a Donor Advised Fund (DAF). United Charitable provides a means for donors to contribute to a cause in a way that is purposeful, and in many cases, more effective. Because the contribution is one that lasts long after the fund has been created, wealth advisors, find United Charitable valuable in helping their clients donate money and build a legacy.

This is true for a number of reasons. For one, DAFs are the fastest, easiest way to make contributions while simultaneously helping clients benefit from the tax advantages that come from charitable giving. Also, donors of all ages and at all stages of life can contribute to a fund. Wealthier donors can maximize the benefits of their tax relief by giving to charity. In addition, charitable giving through United Charitable is a way to teach children about the many benefits related to giving.

Another reason wealth advisors prefer United Charitable is because their operations are easy to work with. As stated before, setting up the fund is simple, and wealth advisors have online tools available to them that can be used to support their client’s accounts. DAFs allow for a wide range of asset types to be contributed to the fund. Moreover, the UC Donorview platform, with the permission of the donor, allows wealth advisors to have access to the fund. Finally, wealth advisors prefer setting up charitable contributions through United Charitable because it is partner-focused. For the wealth advisor, this partnership facilitates accomplishing the overall philanthropic and financial goals of their client.