You may designate others to be advisors or successor advisors of your fund, making it a wonderful way to involve children and grandchildren in family philanthropy. In addition, anyone may contribute to a Donor Advised Fund.  Many fundholders have requested that, in lieu of gifts, contributions be made to their Donor-Advised Fund in honor of birthdays, anniversaries, or other special occasions. Acknowledgements are sent for all gifts made to the Donor Advised Fund. Another opportunity is to create a Donor Advised Fund for individual children or grandchildren so they can make their own grants.