DAF 101: Why Smart VCs and Founders Never Donate Cash
You're sitting on equity worth millions but still paying the IRS too much on taxes. Join us for dinner and stop doing that.
If you're holding $500K–$5M in illiquid startup equity, there's a legal move most founders and VCs never make — and it's worth six figures in taxes you don't have to pay.
Donor Advised Funds (DAFs) aren't just for billionaires. Done right, donating private company stock or VC fund interests can reduce or even eliminate your capital gains AND generate a valuable tax deduction — without giving up the cash you need.
Join us 9/10 in San Francisco. Seats are limited to 15 amazing people (and you).
We're hosting a small private dinner to walk through exactly how this works — with real numbers, real examples, and zero generic wealth planning fluff.
You'll leave knowing:
The pre-liquidity window — why donation timing matters
What a $500K equity donation can save you on taxes (spoiler: ~$185K in a high-tax scenario)
How to donate over-valued unicorns and VC funds without going to jail for tax evasion
Why startup equity and VC fund interests qualify for donation — and why most DAF platforms won't touch them (we do)
Dave McClure (Practical VC, 500 Startups) and Daniel Blake (UI Charitable, >$800M DAF assets) will explain how smart VCs and founders use Donor Advised Funds (DAFs) to save money and make change. We'll also have some great food and fun conversation — it won't just be boring crap about your taxes.
Practical Venture Capital
Practical Venture Capital is a Silicon Valley VC secondary firm that buys discounted positions in later-stage unicorns and VC funds. Our investors get faster liquidity in under 5 years.
Ryan Valuation
Ryan Valuation provides business valuation, asset appraisal, and tax reporting services for charitable contributions, gift and/or estate tax related transfers.
UI Charitable
UI Charitable helps donors and financial advisors maximize impact and tax efficiency via Donor Advised Funds (DAFs). UI Charitable specializes in complex and illiquid assets including private securities and funds, business interests, real estate, and digital assets (crypto).