Keshet Donor-Advised Fund

Keshet Donor Advised Fund (DAF) is a non-profit public benefit corporation and Israel’s first DAF, which provides a simple and effective gateway to the world of giving and philanthropy, tailoring the level of involvement to donors’ personal preferences. The DAF is a tax-incentive-based philanthropic vehicle, which is commonly used in the US, Canada, UK and other countries, where smart philanthropy is encouraged. Besides the tax advantage, DAF allows a separation between the decision on the amount of the donation, and the decision on when and to whom it is transferred. Making these decisions in two steps allows for more strategic giving and improved financial planning. We aspire to significantly boost philanthropy through: External investment of tax exempt donations Effective donation strategy management Advice that mediates between philanthropists and nonprofits active in spheres that are close to their hearts. Our business is supported by a board of directors that comprises leading members of Israel’s business, financial, legal and philanthropic communities, representing a wide cross-section of the diverse sectors that make up Israeli society.