How VCs and LPs Are Using Donor-Advised Funds to Give Smarter (and Invest More Strategically)
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Most people in venture have heard of Donor-Advised Funds. Far fewer understand how powerful they can be, especially for LPs, fund managers, and founders sitting on appreciated assets.
A DAF isn't just a charitable giving account. Used strategically, it can be a tax-efficient vehicle that can hold non-cash assets, generate investment returns while sitting idle, and, in the right structure, even invest directly into venture funds.
That last part is where it gets interesting for this community.
In this session, we're going deep on how Donor-Advised Funds actually work, where most people leave money (and impact) on the table, and how the right DAF structure may give VCs and LPs more flexibility than they ever expected.
What we’ll cover:
How DAFs work, the tax mechanics, contribution types, and granting flexibility most advisors don't explain well
How DAFs can invest in VC funds, and how emerging managers have used this structure, with real case studies
Where the limitations are, and some things you can and can't do when it comes to DAF investments into VC funds
Panelists:
Daniel Blake — Daniel leads the team at UI Charitable and spearheads initiatives that empower high-net-worth individuals to achieve their philanthropic objectives while nurturing the next generation of social impact leaders. Previously, he was the CEO and co-founder of EcoScraps which was acquired by Scotts Miracle-Gro (NYSE: SMG), and has led sustainability initiatives with organizations including the US State Department, United Nations World Food Programme, Amazon, Google, Home Depot, and Walmart.
Dave McClure — Founder and Managing Partner at Practical VC, a fund focused on venture secondaries. Dave also co-founded 500 Global (formerly 500 Startups), one of the most prolific early-stage investors in the world with investments in 3,500 companies across 75+ countries.
Moderated by John Gannon
Presented by:
UI Charitable is a philanthropic advisory firm that helps individuals optimize their tax strategy and give more intentionally. Their flagship product, the Donor-Advised Fund (DAF), is built for flexibility, both in accepting a broad range of asset contributions, including public and private securities such as VC fund interests, and in allowing DAF assets to be invested in alternatives such as VC and PE funds. That flexibility, combined with comprehensive advisory support across a wide range of charitable vehicles, makes UI Charitable a natural fit for investors operating in private markets.