Planning Philanthropy: Donor-Advised Funds Explained

Finance MonthlyWednesday, October 8, 2025 at 9:29:12 AM
Planning Philanthropy: Donor-Advised Funds Explained
Donor-advised funds (DAFs) are gaining popularity as a flexible and efficient way for individuals to manage their charitable giving. These funds allow donors to contribute assets, receive immediate tax benefits, and recommend grants to charities over time. This approach not only simplifies the donation process but also encourages strategic philanthropy, making it easier for donors to support causes they care about. Understanding DAFs is crucial for anyone looking to maximize their charitable impact while enjoying the benefits of tax deductions.
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