Last Updated: May 2, 2024
DAF OS is a modern, unified platform enabling donor-advised fund sponsoring organizations to deliver world-class DAF operations with high reliability and minimal staff engagement. It incorporates all necessary aspects for an integrated donor-advised fund administration software platform, including:
DAF OS Client
- DAF OS Client is the fully-digital DAF experience that Clients enable donor-advisors to use.
- Fully paperless and instant digital enrollment, with optional donor KYC
- White-labeled experience (colors & logos), mirroring the modern, accessible, mobile-responsive UX of Charityvest
- Self-service, guided contribution workflows for bank, card, publicly-traded stocks, DAF transfers, crypto, and checks/wires
- Self-service grant workflows with automated checks against IRS charity eligibility, multi-grant recurrence, and configurable grant information sharing preferences
- Automated rebalancing and liquidity management for contribution investment & grant processing
- Automated tax documentation generation (annual contribution receipt + Form 8282 detail)
- Thoughtful modern fintech UX: self-service password reset, 2FA enrollment, shared accounts across spouses and children, profile management, tracking against annual giving goal, robust client-facing documentation with AI-driven natural language search
- Value-add features: Financial Advisor Dashboard, Workplace Giving, Community Funds, Beneficiaries/Legacy Giving
Further expansion functionality to be configured with Company as development client:
- Monthly reconcilable roll-forward statementing at aggregate level and individual DAF/donor level
- Unitized subaccounting as secondary option to true DAF SMA model
- Application of endowment-style draw/spend policies
DAF OS Admin
- DAF OS Admin is comprehensive internal workflow software built to operate a modern DAF program.
- Robust administrative role management
- View real-time account, contribution, and grant data across all Client DAFs
- Manual entry workflows for offline contributions (e.g., checks, wires, ACH)
- Grant request review workflows with support for pre-approved/denied grantee lists
- Multi-modal grant processing via check, ACH, wire, and PayPal grant payments
- Manage pre-approved model portfolios for donor election, if enabled\
- Alerts / task queues
- Robust administrative role management
- Reporting and audit logging
DAF OS is delivered as a true SaaS multi-tenant solution, enabling Clients to take advantage of new features and improvements as they are released on an ongoing basis.
DAF OS functionality is offered “out of the box” with a set of pre-configured partners for e.g., grant remittance, but is fully customizable to support “bring your own” vendor workflows when required.