A Convenient and Flexible Option for Families, Churches, Alumni Associations, Social Clubs and Professional Organizations to Streamline Philanthropy and Leverage Resources.
How Donor Advised Funds Work
The Penny Foundation provides fiscal sponsorship and donor-advised fund (DAF) support for initiatives aligned with our mission. Through these services, we help projects and partners access philanthropic capital, administrative infrastructure, and strategic guidance without establishing independent nonprofit entities.
Fiscal sponsorship allows initiatives to operate under the Foundation’s charitable status while focusing on impact and execution. Donor-advised funds offer individuals, families, and institutions a flexible, tax-efficient way to support charitable work with long-term vision and accountability.